Rayonier: Q4 Earnings Snapshot
Rayonier: Q4 Earnings Snapshot
By AP News
Published - Feb 01, 2023, 05:18 PM ET
Last Updated - Jun 22, 2023, 11:44 PM EDT
WILDLIGHT, Fla. (AP) _ Rayonier Inc. (RYN) on Wednesday reported earnings of $33.1 million in its fourth quarter.
The Wildlight, Florida-based company said it had net income of 22 cents per share. Earnings, adjusted for non-recurring gains, were 11 cents per share.
The forest products company posted revenue of $245.4 million in the period.
For the year, the company reported profit of $107.1 million, or 73 cents per share. Revenue was reported as $909.1 million.
Rayonier expects full-year earnings to be 36 cents to 50 cents per share.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a RYN">Zacks stock report on RYN at https://www.zacks.com/ap/RYN
