Rayonier Inc. (RYN) Tops Q1 EPS by 12c; Raises FY11 EPS Outlook Above Street
Rayonier Inc. (NYSE: RYN) reported Q1 EPS of $0.70, $0.12 better than the analyst estimate of $0.58. Revenue for the quarter came in at $357.7 million versus the consensus estimate of $326.24 million.
Increases FY2011 EPS outlook from $2.50 - $2.70 to $2.85 - $3.10, versus the consensus of $2.64.
Increases FY2011 EPS outlook from $2.50 - $2.70 to $2.85 - $3.10, versus the consensus of $2.64.