Rayonier (RYN) Tops Q3 EPS by 1c

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Rayonier Reports Third Quarter 2023 Results

November 1, 2023 4:12 PM EDT

Third quarter net income attributable to Rayonier of $19.2 million ($0.13 per share) on revenues of $201.6 million Third quarter operating income of $35.4 million and Adjusted EBITDA of $78.9 million Year-to-date cash provided by operations of $208.9 million and cash available for distribution (CAD) of $113.5 million Full-year Adjusted EBITDA expected to be toward higher end of prior guidance range

WILDLIGHT, Fla.--(BUSINESS WIRE)-- Rayonier Inc. (NYSE: RYN) today reported third quarter net income attributable to Rayonier of $19.2 million, or $0.13 per share, on revenues of $201.6 million. This compares to... More