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Here's What Key Metrics Tell Us About Rayonier (RYN) Q2 Earnings
RYNRayonier(RYN) ZACKS·2024-08-08 01:01

Rayonier (RYN) reported 173.6millioninrevenueforthequarterendedJune2024,representingayearoveryeardeclineof16.9173.6 million in revenue for the quarter ended June 2024, representing a year-overyear decline of 16.9%. EPS of 0.02 for the same period compares to 0.05ayearago.ThereportedrevenuecomparestotheZacksConsensusEstimateof0.05 a year ago. The reported revenue compares to the Zacks Consensus Estimate of 224.86 million, representing a surprise of -22.80%. The company delivered an EPS surprise of -85.71%, with the consensus EPS estimate being $0.14. While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and ho ...