Rayonier Reports Fourth Quarter 2019 Results
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Rayonier (RYN) Tops Q4 EPS by 3c, Revenues Miss
February 5, 2020 4:27 PM ESTRayonier (NYSE: RYN) reported Q4 EPS of $0.12, $0.03 better than the analyst estimate of $0.09. Revenue for the quarter came in at $178.8 million versus the consensus estimate of $193.29 million.
Fourth quarter net income attributable to Rayonier of $16.0 million ($0.12 per share) on revenues of $178.8 millionFourth quarter operating income of $26.1 million and Adjusted EBITDA of $65.0 millionOutlook
Excluding the impact of our anticipated mid-year acquisition of Pope Resources, we expect to achieve 2020 net income attributable to Rayonier of $47... More
