Rayonier Reports Fourth Quarter 2018 Results
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Rayonier (RYN) Misses Q4 EPS by 1c, Revenues Beat
February 6, 2019 4:18 PM ESTRayonier (NYSE: RYN) reported Q4 EPS of $0.02, $0.01 worse than the analyst estimate of $0.03. Revenue for the quarter came in at $166.1 million versus the consensus estimate of $156.9 million.
Outlook
In 2019, we expect to achieve net income attributable to Rayonier of $60 to $69 million and Adjusted EBITDA of $270 to $290 million, added Nunes. The projected year-over-year decline in consolidated financial results is driven primarily by a much lower expected... More
