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

Rayonier

01/02/2023 22:40

* Rayonier Inc  RYN.N  reported quarterly adjusted earnings
of 11
cents​​ per share for the quarter ended in December. The mean
expectation of five analysts for the quarter was for earnings of
12 cents per share.
    * Revenue fell 6.3% to $245.40 million from a year ago;
analysts
expected $207.60 million. 
    * Rayonier Inc's reported EPS for the quarter was 22 cents​.
    * The mean earnings estimate of analysts had fallen by
about 6.8%
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 risen by 10.4% this quarter.
    * The company reported quarterly net income of $33.1
million.
    * Wall Street's median 12-month price target for Rayonier
Inc is
$36.00 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is no "strong buy" or "buy," 5
"hold" and no "sell" or "strong sell." 

This summary was machine generated from Refinitiv data February
1 at 10:40 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2022      0.12           0.11           Missed
 Sep. 30 2022      0.11           0.15           Beat
 Jun. 30 2022      0.16           0.16           Met
 Mar. 31 2022      0.16           0.20           Beat