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Rayonier Inc. (RYN) said the company now anticipates full-year earnings per share of $0.27 to $0.31, pro forma EPS of $0.17 to $0.21, and adjusted EBITDA of $240 million to $260 million.


RTTNews | Aug 5, 2020 05:34PM EDT

17:33 Wednesday, August 5, 2020 (RTTNews.com) - Rayonier Inc. (RYN) said the company now anticipates full-year earnings per share of $0.27 to $0.31, pro forma EPS of $0.17 to $0.21, and adjusted EBITDA of $240 million to $260 million.

Second quarter pro forma net income per share was $0.11 compared to $0.14, last year. Adjusted EBITDA was $78.6 million compared to $60.6 million, a year ago.

Second quarter revenues were $195.6 million compared to $184.8 million, previous year. Pro forma revenues improved year-on-year to $189.8 million from $184.8 million.

Read the original article on RTTNews ( https://www.rttnews.com/3118724/rayonier-revises-outlook-quick-facts.aspx)

For comments and feedback: contact editorial@rttnews.com

Copyright(c) 2020 RTTNews.com All Rights Reserved






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