Rayonier Inc reports results for the quarter ended in December - Earnings Summary

Rayonier

03/02/2022 24:05

* Rayonier Inc  RYN.N  reported quarterly adjusted earnings
of 1
cent​​ per share for the quarter ended in December. The mean
expectation of five analysts for the quarter was for breakeven
results per share.
    * Revenue rose 27.5% to $262.00 million from a year ago; 
analysts
expected $204.15 million. 
    * Rayonier Inc's reported EPS for the quarter was 6 cents​.
    * The mean earnings estimate of analysts had fallen by
about 106.3% in the last three months.​ 
    * In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
    * Rayonier Inc shares had fallen by 10.3% this quarter.
    * The company reported quarterly net income of $8.7 million.
    * Wall Street's median 12-month price target for Rayonier
Inc is
$36.50 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is no "strong buy" or "buy," 5
"hold" and 1 "sell" or "strong sell." 

This summary was machine generated February 3 at 12:05 a.m.
 ​All figures in US dollars unless otherwise stated