Rayonier (RYN) Misses Q1 EPS by 5c; Offers FY20 EPS Guidance Below Consensus

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Rayonier Reports First Quarter 2020 Results

April 29, 2020 4:12 PM EDT

First quarter net income attributable to Rayonier of $25.9 million ($0.20 per share) on revenues of $259.1 million First quarter pro forma net loss of $0.3 million ($0.00 per share) on pro forma revenues of $143.1 million First quarter operating income of $38.6 million, pro forma operating income of $12.4 million and Adjusted EBITDA of $47.1 million First quarter cash provided by operations of $29.2 million and cash available for distribution (CAD) of $27.2 million

WILDLIGHT, Fla.--(BUSINESS WIRE)-- Rayonier Inc. (NYSE: RYN) today reported first quarter net income attributable to Rayonier of $25.9 million,... More