Benzinga | May 5, 2021 04:56PM EDT

Rayonier Q1 EPS $0.08 Misses $0.10 Estimate, Sales $191.40M Miss $199.63M Estimate

Rayonier (NYSE:RYN) reported quarterly earnings of $0.08 per share which missed the analyst consensus estimate of $0.10 by 20 percent. The company reported quarterly sales of $191.40 million which missed the analyst consensus estimate of $199.63 million by 4.12 percent. This is a 33.75 percent increase over sales of $143.10 million the same period last year.