Recap: Rayonier Q4 Earnings

Rayonier RYN reported its Q4 earnings results on Wednesday, January 31, 2024 at 04:12 PM.

Here's what investors need to know about the announcement.

Earnings

Rayonier beat estimated earnings by 13.33%, reporting an EPS of $0.17 versus an estimate of $0.15.

Revenue was up $222.00 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.01 which was followed by a 13.55% increase in the share price the next day.

Here's a look at Rayonier's past performance:

Quarter Q3 2023 Q2 2023 Q1 2023 Q4 2022
EPS Estimate 0.12 0.09 0.11 0.12
EPS Actual 0.13 0.05 0.01 0.11
Revenue Estimate 208.30M 218.70M 216.30M 207.60M
Revenue Actual 201.60M 208.90M 179.10M 245.40M

To track all earnings releases for Rayonier visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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