Rayonier (RYN) Reports Q1 Loss, Lags Revenue Estimates

Rayonier (RYN) came out with a quarterly loss of $0.02 per share versus the Zacks Consensus Estimate of$ 0.08. This compares to earnings of $0.05 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -125%. A quarter ago, it was expected that this forest products company would post earnings of$ 0.19 per share when it actually produced earnings of $0.27, delivering a surprise of 42.11%.Over the last four quarters, the company has sur ...