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Rayonier Q2 EPS $0.05 Misses $0.09 Estimate, Sales $208.90M Miss $218.70M Estimate

Author: Benzinga Newsdesk | August 02, 2023 04:38pm
Rayonier (NYSE:RYN) reported quarterly earnings of $0.05 per share which missed the analyst consensus estimate of $0.09 by 44.44 percent. This is a 68.75 percent decrease over earnings of $0.16 per share from the same period last year. The company reported quarterly sales of $208.90 million which missed the analyst consensus estimate of $218.70 million by 4.48 percent. This is a 15.18 percent decrease over sales of $246.30 million the same period last year.

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