Rayonier (RYN) Tops Q3 EPS by 2c, Revenues Beat

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Rayonier Reports Third Quarter 2020 Results

October 28, 2020 4:12 PM EDT

Third quarter net loss attributable to Rayonier of ($0.8) million (($0.01) per share) on revenues of $198.9 million Third quarter pro forma net income of $7.5 million ($0.06 per share) on pro forma revenues of $191.2 million Third quarter operating income of $1.8 million, pro forma operating income of $20.3 million and Adjusted EBITDA of $67.2 million Year-to-date cash provided by operations of $138.0 million and cash available for distribution (CAD) of $124.2 million

WILDLIGHT, Fla.--(BUSINESS WIRE)-- Rayonier Inc. (NYSE: RYN) today reported third quarter net loss attributable to Rayonier of ($0.8) million, or... More