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Stock impact report

Rayonier Reports Second Quarter 2024 Results

Rayonier Inc. REIT (RYN) 
Last rayonier inc. reit earnings: 4/29 04:11 pm Check Earnings Report
Company Research Source: Business Wire
Second quarter net income attributable to Rayonier of $1.9 million ($0.01 per share) on revenues of $173.6 millionSecond quarter pro forma net income of $3.7 million ($0.02 per share)Second quarter operating income of $12.4 million, pro forma operating income of $13.1 million, and Adjusted EBITDA of $55.7 millionYear-to-date cash provided by operations of $107.6 million and cash available for distribution (CAD) of $59.6 million WILDLIGHT, Fla.--(BUSINESS WIRE)--Rayonier Inc. (NYSE:RYN) today reported second quarter net income attributable to Rayonier of $1.9 million, or $0.01 per share, on revenues of $173.6 million. This compares to net income attributable to Rayonier of $19.0 million, or $0.13 per share, on revenues of $208.9 million in the prior year quarter.The second quarter results included $1.1 million of net costs associated with legal settlements1 and $0.7 million of costs related to disposition initiatives.2 Excluding these items and adjusting for pro forma net income adj Show less Read more
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