Recap: Rayonier Q4 Earnings
Portfolio Pulse from Benzinga Insights
Rayonier (NYSE:RYN) reported Q4 earnings with an EPS of $0.17, beating estimates by 13.33% and surpassing last year's revenue by $222 million. The stock previously rose 13.55% following a positive earnings surprise last quarter.
January 31, 2024 | 9:15 pm
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Rayonier reported a positive Q4 earnings surprise with an EPS of $0.17, beating estimates and showing significant revenue growth from the previous year.
Rayonier's positive earnings report, which exceeded estimates, is likely to instill investor confidence and could lead to a short-term increase in stock price, similar to the last quarter's 13.55% rise following the earnings beat.
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