Rayonier (RYN) Tops Q2 EPS by 1c

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Rayonier Reports Second Quarter 2022 Results

August 3, 2022 4:12 PM EDT

Second quarter net income attributable to Rayonier of $24.1 million ($0.16 per share) on revenues of $246.3 million Second quarter operating income of $35.5 million and Adjusted EBITDA of $83.0 million Year-to-date cash provided by operations of $148.5 million and cash available for distribution (CAD) of $119.5 million

WILDLIGHT, Fla.--(BUSINESS WIRE)-- Rayonier Inc. (NYSE: RYN) today reported second quarter net income attributable to Rayonier of $24.1 million, or $0.16 per share, on revenues of $246.3 million. This compares to net income attributable to Rayonier of $57.2 million, or $0.41 per share, on revenues of $291.4... More