Rayonier's Q4 Earnings Beat Estimates, Revenues Rise Y/Y

Rayonier, Inc. (RYN) reported a fourth-quarter 2024 pro-forma net income of 27 cents per share, beating the Zacks Consensus Estimate of 19 cents. The reported figure compares favorably with the prior-year quarter’s 17 cents.See the Zacks Earnings Calendar to stay ahead of market-making news.Results reflect better-than-anticipated pro-forma net income. The company’s Southern Timber, New Zealand Timber and Real Estate segments displayed solid results. However, weakness in the Pacific Northwest Timber and Trad ...