Rayonier (NYSE:RYN) reported its Q4 earnings results on Wednesday, January 31, 2024 at 04:12 PM.
Here's what investors need to know about the announcement.
Earnings
Rayonier beat estimated earnings by 13.33%, reporting an EPS of $0.17 versus an estimate of $0.15.
Revenue was up $222.00 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.01 which was followed by a 13.55% increase in the share price the next day.
Here's a look at Rayonier's past performance:
| Quarter | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 |
|---|---|---|---|---|
| EPS Estimate | 0.12 | 0.09 | 0.11 | 0.12 |
| EPS Actual | 0.13 | 0.05 | 0.01 | 0.11 |
| Revenue Estimate | 208.30M | 218.70M | 216.30M | 207.60M |
| Revenue Actual | 201.60M | 208.90M | 179.10M | 245.40M |
To track all earnings releases for Rayonier visit their earnings calendar here.
This article was generated by Benzinga's automated content engine and reviewed by an editor.