Rayonier (RYN) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Q1 2020 Rayonier Inc Earnings Call
Rayonier (RYN) sees a declining portfolio performance in Q1 and slashes 2020 outlook amid the coronavirus crisis.
Rayonier (RYN) delivered earnings and revenue surprises of -100.00% and -13.56%, respectively, for the quarter ended March 2020. Do the numbers hold clues to what lies ahead for the stock?
Dave Nunes became the CEO of Rayonier Inc. (NYSE:RYN) in 2014. This analysis aims first to contrast CEO compensation...
Pope Resources (NASDAQ:POPE) announced today that Rayonier, Inc. ("Rayonier") (NYSE:RYN) has filed with the Securities and Exchange Commission (the "SEC") a registration statement on Form S-4 to register the shares of Rayonier common stock and units representing limited partnership interests in an entity that will be its operating partnership ("Opco") to be issued in connection with the previously announced merger among Pope Resources and its general partners, on the one hand, and Rayonier, Opco, and certain of their subsidiaries, on the other hand. The registration statement includes a preliminary proxy statement/prospectus, but such preliminary proxy statement/prospectus is not complete and is subject to change. Once the registration statement is declared effective, a definitive proxy statement/prospectus will be sent to Pope Resources unitholders in connection with a special meeting of Pope Resources unitholders to consider proposals regarding the merger and related transactions. These proposals include approval of the merger agreement, the merger, and certain transactions contemplated in connection with the merger, and a non-binding advisory vote regarding certain compensation to be paid to the named executive officers of Pope Resources in connection with the merger.
Image source: The Motley Fool. Rayonier (NYSE: RYN)Q1 2020 Earnings CallApr 30, 2020, 10:00 a.m. ETContents: Prepared Remarks Questions and Answers Call Participants Prepared Remarks: OperatorWelcome and thank you for joining Rayonier's first-quarter 2020 teleconference call.
Strong market demand and public sector activity, given solid fundamentals, are likely to reflect on the sector's first-quarter results. Yet, labor cost & COVID-19 impacts in late March may have been woes.
Rayonier Inc. (NYSE:RYN) today reported first quarter net income attributable to Rayonier of $25.9 million, or $0.20 per share, on revenues of $259.1 million. This compares to net income attributable to Rayonier of $24.8 million, or $0.19 per share, on revenues of $191.5 million in the prior year quarter. The first quarter results included $28.7 million of income from a Large Disposition,1 partially offset by costs related to the merger with Pope Resources2 of $2.5 million. Excluding these items, pro forma net loss3 was $0.3 million, or $0.00 per share, on pro forma revenues3 of $143.1 million.
Favorable mortgage rates, high market share & affordable product offerings are likely to reflect on D.R. Horton (DHI) fiscal Q2 results. High land/labor cost & COVID-19-led shutdowns may have been woes.
We hate to say this but, we told you so. On February 27th we published an article with the title Recession is Imminent: We Need A Travel Ban NOW and predicted a US recession when the S&P 500 Index was trading at the 3150 level. We also told you to short the market and buy […]
Rayonier (RYN) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.
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Rayonier Inc. (NYSE:RYN) today announced with great sadness that Richard D. Kincaid, Chairman of the Rayonier Board of Directors, passed away unexpectedly on March 20, 2020. Mr. Kincaid had served on the Rayonier Board of Directors since 2004, and was appointed Chairman in June 2014 in connection with Rayonier’s spin-off of its Performance Fibers business. Effective immediately, the Board of Directors has appointed Dod A. Fraser to serve as Chairman.
Rayonier Inc. (NYSE:RYN) plans to release its first quarter 2020 earnings after the market closes on Wednesday, April 29, 2020.
If you're interested in Rayonier Inc. (NYSE:RYN), then you might want to consider its beta (a measure of share price...
Rayonier's (RYN) latest acquisition of Pope Resources is in sync with its strategy of adding high-quality timberlands in strong log markets.
Rayonier Inc. (NYSE:RYN) announced today that the Company’s board of directors has declared a second quarter cash dividend of $0.27 per common share. The dividend is payable on June 30, 2020, to shareholders of record on June 16, 2020.
WeissLaw LLP is investigating possible breaches of fiduciary duty and other violations of law by the Board of Directors of Pope Resources, A Delaware Limited Partnership ("POPE") (NASDAQ: POPE) in connection with the proposed acquisition of POPE by Rayonier Inc. ("RYN") (NYSE: RYN). Under the terms of the acquisition agreement, POPE unitholders can elect to receive either: (i) $125 in cash, (ii) 3.29 shares of RYN common stock, or (iii) 3.929 units of Rayonier Operating Partnership LP for each share of POPE they own, subject to a proration mechanism which will adjust and prorate the cash and equity portions of the merger consideration to ensure that each POPE unitholder will receive compensation equal to amounts as if every POPE unit received 2.751 Rayonier common shares or Rayonier operating partnership units and $37.50 in cash. In accordance with the proration mechanism, the current value of the per-unit merger consideration for POPE unitholders is approximately $90.17 based upon RYN's March 23, 2020 closing price of $19.09.
Rayonier Inc. (NYSE:RYN) today announced the completion of its previously announced acquisition of Pope Resources, A Delaware Limited Partnership ("Pope Resources"). Unitholders of Pope Resources approved the transaction at a special meeting of unitholders held on May 5, 2020.