Rayonier (RYN) Q3 Earnings and Revenues Beat Estimates

Rayonier (RYN) came out with quarterly earnings of $0.32 per share, beating the Zacks Consensus Estimate of $0.23 per share. This compares to earnings of $0.12 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of +39.13%. A quarter ago, it was expected that this forest products company would post earnings of $0.03 per share when it actually produced earnings of $0.06, delivering a surprise of +100%.Over the last four quarters, the ...