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Rayonier Q1 2023 Earnings Report

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$26.42 +0.27 (+1.03%)
(As of 12/20/2024 05:16 PM ET)

Rayonier EPS Results

Actual EPS
$0.01
Consensus EPS
$0.08
Beat/Miss
Missed by -$0.07
One Year Ago EPS
$0.20

Rayonier Revenue Results

Actual Revenue
$179.10 million
Expected Revenue
$210.13 million
Beat/Miss
Missed by -$31.03 million
YoY Revenue Growth
-19.30%

Rayonier Announcement Details

Quarter
Q1 2023
Time
After Market Closes

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Rayonier Earnings Headlines

Why I'm telling friends to avoid gold stocks
Back in November, gold made a tiny move of 1.6%. But according to my backtesting by using a special type of gold trade, I would have seen a 141% gain in just a week. It happened again in March. Gold nudged up 1.2%. This time? A 104% overnight gain. And in June? A 1% gold move turned into a 74% gain in two weeks. Granted, there would have been smaller wins and those that did not work out, but you see, there's a reason I'm telling all my friends to hold off from buying gold or regular gold stocks right now. There's a more lucrative way to play the gold market as we enter a new breakout period. It's all about catching what I call "Acceleration Cycles."
Rayonier Approves $300 Mln Share Repurchase Authorization
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About Rayonier

Rayonier (NYSE:RYN) is a leading timberland real estate investment trust with assets located in some of the most productive softwood timber growing regions in the United States and New Zealand. As of December 31, 2023, Rayonier owned or leased under long-term agreements approximately 2.7 million acres of timberlands located in the U.S. South (1.85 million acres), U.S. Pacific Northwest (418,000 acres) and New Zealand (421,000 acres).

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