Rayonier Reports Fourth Quarter 2022 Results
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Rayonier (RYN) Misses Q4 EPS by 2c
February 1, 2023 4:14 PM ESTRayonier (NYSE: RYN) reported Q4 EPS of $0.11, $0.02 worse than the analyst estimate of $0.13. Revenue for the quarter came in at $214.9 million versus the consensus estimate of $207.68 million.
GUIDANCE:
Rayonier sees FY2023 EPS of $0.36-$0.50, versus the consensus of $0.60.
In 2023, we expect to achieve net income attributable to Rayonier of $52 to $73 million, EPS of $0.36 to $0.50 and Adjusted EBITDA of $280 to $320 million. We generally expect that results in the first half of the year will be meaningfully lower than results in the second half of the year, as end... More