Rayonier Reports Second Quarter 2018 Results

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Go back to Rayonier Reports Second Quarter 2018 Results

Rayonier (RYN) Tops Q2 EPS by 10c

August 1, 2018 4:27 PM EDT

Rayonier (NYSE: RYN) reported Q2 EPS of $0.28, $0.10 better than the analyst estimate of $0.18. Revenue for the quarter came in at $245.9 million versus the consensus estimate of $193.04 million.

Outlook

Based on our solid first half results and our expectations for the balance of the year, we now anticipate full-year net income attributable to Rayonier of $82 to $89 million, EPS of $0.63 to $0.68 and Adjusted EBITDA of $300 to $315 million, added... More