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

Rayonier

02/11/2022 22:34

* Rayonier Inc  RYN.N  reported quarterly adjusted earnings
of 15
cents​​ per share for the quarter ended in September. The mean
expectation of five analysts for the quarter was for earnings of
11 cents per share.
    * Revenue fell 46.4% to $195.30 million from a year ago;
analysts
expected $225.58 million. 
    * Rayonier Inc's reported EPS for the quarter was 14 cents​.
    * The mean earnings estimate of analysts had fallen by
about 25%
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 11.3% this quarter and
lost 17.3% so far this year.
    * The company reported quarterly net income of $20.6
million.
    * Wall Street's median 12-month price target for Rayonier
Inc is
$38.00 
    * 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 November
2 at 10:34 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 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
 Dec. 31 2021      0.00           0.01           Beat