Rayonier (RYN) Misses Q1 EPS by 1c

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Rayonier Reports First Quarter 2021 Results

May 5, 2021 4:12 PM EDT

First quarter net income attributable to Rayonier of $10.8 million ($0.08 per share) on revenues of $191.4 million and pro forma revenues of $179.5 million First quarter operating income of $28.5 million, pro forma operating income of $27.4 million and Adjusted EBITDA of $69.5 million First quarter cash provided by operations of $53.9 million and cash available for distribution (CAD) of $47.3 million

WILDLIGHT, Fla.--(BUSINESS WIRE)-- Rayonier Inc. (NYSE: RYN) today reported first quarter net income attributable to Rayonier of $10.8 million, or $0.08 per share, on revenues of $191.4 million. This compares to net income... More