Rayonier Reports Fourth Quarter 2015 Results

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Rayonier (RYN) Tops Q4 EPS by 3c, Approves $100M Buyback

February 10, 2016 4:40 PM EST

Rayonier (NYSE: RYN) reported Q4 EPS of $0.09, $0.03 better than the analyst estimate of $0.06. Revenue for the quarter came in at $137.1 million versus the consensus estimate of $128.59 million.

On February 10, 2016, Rayoniers Board of Directors approved an additional $100 million share repurchase authorization. Repurchases may be made at managements discretion from time to time on the open market or through privately negotiated transactions. The repurchase... More