Rayonier Reports First Quarter 2021 Results

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Go back to Rayonier Reports First Quarter 2021 Results

Rayonier (RYN) Misses Q1 EPS by 1c

May 5, 2021 4:58 PM EDT

Rayonier (NYSE: RYN) reported Q1 EPS of $0.08, $0.01 worse than the analyst estimate of $0.09. Revenue for the quarter came in at $179.5 million versus the consensus estimate of $199.63 million.

We are very encouraged by the momentum across all of our businesses to start 2021, said David Nunes, President and CEO. Adjusted EBITDA of $69.5 million was 47% higher than the... More