Rayonier (RYN) Tops Q1 EPS by 3c

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Rayonier Reports First Quarter 2016 Results

May 4, 2016 4:15 PM EDT

Net income attributable to Rayonier of $14.5 million or $0.12 per share, on revenues of $134.8 million Pro forma net income of $13.7 million or $0.11 per share Adjusted EBITDA of $55.6 million Cash available for distribution of $36.4 million 2016 Adjusted EBITDA guidance raised to $195 to $215 million

JACKSONVILLE, Fla.--(BUSINESS WIRE)-- Rayonier Inc. (NYSE: RYN) today reported first quarter net income attributable to Rayonier of $14.5 million, or $0.12 per share, on revenues of $134.8 million. This compares to... More