Rayonier Reports Fourth Quarter 2021 Results
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Rayonier (RYN) Misses Q4 EPS by 1c, Revenue Beats
February 2, 2022 4:20 PM ESTRayonier (NYSE: RYN) reported Q4 EPS of ($0.01), $0.01 worse than the analyst estimate of $0.00. Revenue for the quarter came in at $262 million versus the consensus estimate of $204.15 million.
GUIDANCE:
Rayonier sees FY2022 EPS of $0.57-$0.64, versus the consensus of $0.11.
In 2022, we expect to achieve net income attributable to Rayonier of $83 to $92 million, EPS of $0.57 to $0.64 and Adjusted EBITDA of $310 to $340 million.In our Southern Timber segment, we expect to achieve full-year harvest volumes of 6.3 to 6.6 million tons. The anticipated increase relative to... More