Rayonier Inc expected to post earnings of 9  cents a share - Earnings Preview

Rayonier

01/08/2023 02:40

* Rayonier Inc  RYN.N   RYN  is expected to show a fall in
quarterly revenue when it reports  results on August 2. 
    * The Jacksonville Florida-based  company is expected to
report  a
11.2% decrease in revenue to $218.7 million from $246.3 million
a year ago, according to the mean estimate from 2 analysts,
based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Rayonier Inc is for
earnings of 9 cents per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is no "strong buy" or "buy," 6
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Rayonier
Inc is
$33.5​, above​ its last closing price of $33.12. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Mar. 31 2023  0.11        0.11       0.01      Missed  -90.9
 Dec. 31 2023  0.11        0.12       0.11      Missed  -5.2
 Sep. 30 2022  0.10        0.11       0.15      Beat    40.7​
 Jun. 30 2022  0.16        0.16       0.16      Met     1.3
 ​​Mar.        0.16        0.16       0.20      Beat    23
 31 2022                                                
 Dec. 31 2021  0.00        0.00       0.01      Beat    400.3​
 Sep. 30 2021  0.14        0.14       0.53      Beat    289.7
 Jun. 30 2021  0.10        0.10       0.41      Beat    330.1
 This summary was machine generated August 1 at 01:40 GMT.  All
figures in US dollars  unless otherwise stated