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Stock impact report

Rayonier Reports Second Quarter 2024 Results [Yahoo! Finance]

Rayonier Inc. REIT (RYN) 
Last rayonier inc. reit earnings: 4/29 04:11 pm Check Earnings Report
Company Research Source: Yahoo! Finance
Second 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 million Year-to-date cash provided by operations of $107.6 million and cash available for distribution (CAD) of $59.6 million WILDLIGHT, Fla., August 07, 2024 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 settlements and $0.7 million of costs related to disposition initiatives. Excluding these items and adjusting for pro forma net income adjustments attributable to noncontrolling interests, second quarter pro forma net income was Show less Read more
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