Rayonier: Q4 Earnings Snapshot
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Audio By Carbonatix
4:36 PM on Wednesday, February 5
The Associated Press
WILDLIGHT, Fla. (AP) — WILDLIGHT, Fla. (AP) — Rayonier Inc. (RYN) on Wednesday reported earnings of $327.1 million in its fourth quarter.
The Wildlight, Florida-based company said it had net income of $2.15 per share. Earnings, adjusted for non-recurring gains, came to 27 cents per share.
The forest products company posted revenue of $726.3 million in the period.
For the year, the company reported profit of $359.1 million, or $2.39 per share. Revenue was reported as $1.26 billion.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on RYN at https://www.zacks.com/ap/RYN