Rayonier (RYN) Q4 Earnings and Revenues Top Estimates

Rayonier (RYN) came out with quarterly earnings of $0.27 per share, beating the Zacks Consensus Estimate of $0.19 per share. This compares to earnings of $0.17 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 42.11%. A quarter ago, it was expected that this forest products company would post earnings of $0.13 per share when it actually produced earnings of $0.12, delivering a surprise of -7.69%.Over the last four quarters, the ...