Benzinga | Aug 5, 2020 05:06PM EDT

Rayonier Q2 EPS $0.11 Beats $0.04 Estimate, Sales $195.60M Beat $145.74M Estimate

Rayonier (NYSE:RYN) reported quarterly earnings of $0.11 per share which beat the analyst consensus estimate of $0.04 by 175 percent. This is a 21.43 percent decrease over earnings of $0.14 per share from the same period last year. The company reported quarterly sales of $195.60 million which beat the analyst consensus estimate of $145.74 million by 34.21 percent. This is a 5.84 percent increase over sales of $184.80 million the same period last year.