Rayonier (RYN) Q3 Earnings and Revenues Miss Estimates
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Rayonier (RYN) reported Q3 earnings of $0.12 per share, missing the Zacks Consensus Estimate of $0.13 per share. This is a decrease from $0.13 per share a year ago.
November 07, 2024 | 12:45 am
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Rayonier's Q3 earnings were $0.12 per share, missing the Zacks Consensus Estimate of $0.13. This is a slight decrease from last year's $0.13 per share.
The earnings miss, although slight, indicates a potential negative sentiment among investors, as the company did not meet analyst expectations. This could lead to a short-term decrease in stock price.
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