Rayonier (RYN) Tops Q3 EPS by 14c, Beats on Revenues

Rayonier (NYSE: RYN) reported Q3 EPS of $0.19, $0.14 better than the analyst estimate of $0.05. Revenue for the quarter came in at $177.9 million versus the consensus estimate of $141.48 million.

• Net income attributable to Rayonier of $24.7 million ($0.19 per share) on revenues of $177.9 million
• Operating income of $39.3 million and Adjusted EBITDA of $69.9 million
• Year-to-date cash provided by operations of $186.9 million and cash available for distribution (CAD) of $143.7 million

For earnings history and earnings-related data on Rayonier (RYN) click here.

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