Rayonier (RYN) Tops Q4 EPS by 3c, Approves $100M Buyback
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Rayonier Reports Fourth Quarter 2015 Results
February 10, 2016 4:15 PM ESTFourth quarter net income attributable to Rayonier of $10.3 million or $0.08 per share, on revenues of $137.1 million Full-year 2015 net income attributable to Rayonier of $46.2 million or $0.37 per share, on revenues of $544.9 million Fourth quarter pro forma net income of $11.3 million or $0.09 per share; full-year 2015 pro forma net income of $50.7 million or $0.40 per share Adjusted EBITDA of $47.6 million in fourth quarter and $208.0 million in full-year 2015 Full-year cash available for distribution of $117.4 million compared to $93.4 million in 2014 Share repurchases of $24.1 million during the fourth quarter, which completes... More
