Rayonier(RYN) - 2023 Q4 - Earnings Call Presentation

RAYONIER REPORTS FOURTH QUARTER 2023 RESULTS The fourth quarter results included $105.1 million of income from Large Dispositions,1 a $2.0 million non-cash pension settlement charge,2 and a $0.2 million net recovery associated with legal settlements.3 Excluding these items and adjusting for pro forma net income adjustments attributable to noncontrolling interests,4 fourth quarter pro forma net income5 was $25.4 million, or $0.17 per share, on pro forma revenues5 of $225.2 million. This compares to pro forma ...