Recap: Rayonier Q4 Earnings - Rayonier (NYSE:RYN)

Rayonier 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.

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.

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.