Rayonier (RYN) Tops Q2 EPS by 10c

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Go back to Rayonier (RYN) Tops Q2 EPS by 10c

Rayonier Reports Second Quarter 2018 Results

August 1, 2018 4:15 PM EDT

Second quarter net income attributable to Rayonier of $36.3 million ($0.28 per share) on revenues of $245.9 million Second quarter operating income of $51.6 million and Adjusted EBITDA of $111.3 million Year-to-date cash provided by operations of $181.6 million and cash available for distribution (CAD) of $163.5 million Full-year 2018 guidance increased 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

WILDLIGHT, Fla.--(BUSINESS WIRE)-- Rayonier Inc. (NYSE: RYN) today reported second quarter net income... More