Latest news with #RayonierInc
Business Wire
06-08-2025
- Business
- Business Wire
Rayonier Reports Second Quarter 2025 Results
(a) 'Cash Available for Distribution' (CAD) is defined as cash provided by operating activities adjusted for capital spending (excluding timberland acquisitions and real estate development investments) and working capital and other balance sheet changes. CAD is a non-GAAP measure of cash generated during a period that is available for common stock dividends, distributions to Operating Partnership unitholders, repurchase of the Company's common shares, debt reduction, timberland acquisitions and real estate development investments. CAD is not necessarily indicative of the CAD that may be generated in future periods. (b) 'Income (loss) from operations of discontinued operations, net of tax' includes income (loss) generated by the Company's New Zealand joint venture interest, which was classified as discontinued operations prior to its June 30, 2025 disposition. (c) 'Gain on sale of discontinued operations" reflects the net gain recognized on the sale of the Company's New Zealand joint venture interest. (d) The six months ended June 30, 2024 includes a $1.2 million income tax benefit related to the pension settlement. (e) The six months ended June 30, 2025 includes $1.7 million of net costs associated with legal settlements. The six months ended June 30, 2024 includes $5.7 million of pension settlement charges and $2.4 million of net costs associated with legal settlements. (f) 'Restructuring charges' include severance costs related to workforce optimization initiatives. (g) 'Costs related to disposition initiatives' include legal, advisory, and other due diligence costs incurred in connection with the Company's asset disposition plan, which was announced in November 2023. (h) 'Adjusted EBITDA' is defined as earnings before interest, taxes, depreciation, depletion, amortization, the non-cash cost of land and improved development, non-operating expense, income (loss) from operations of discontinued operations, gain on sale of discontinued operations, restructuring charges, costs related to disposition initiatives and Large Dispositions. Adjusted EBITDA is a non-GAAP measure that management uses to make strategic decisions about the business and that investors can use to evaluate the operational performance of the assets under management. It excludes specific items that management believes are not indicative of the Company's ongoing operating results. (i) 'Cash interest paid, net' includes patronage refunds received of $7.9 million and $8.3 million during the six months ended June 30, 2025 and June 30, 2024, respectively. In addition, cash interest paid, net includes cash interest received of $5.2 million and $3.7 million during the six months ended June 30, 2025 and June 30, 2024, respectively. (j) 'Pro forma net income (loss)' is defined as net income (loss) attributable to Rayonier Inc. adjusted for its proportionate share of income (loss) from operations of discontinued operations (net of tax), gain on sale of discontinued operations, net costs associated with legal settlements, restructuring charges, pension settlement charges, costs related to disposition initiatives and Large Dispositions. Rayonier believes that this non-GAAP financial measure provides investors with useful information to evaluate our core business operations because it excludes specific items that are not indicative of the Company's ongoing operating results. (k) 'Net costs on legal settlements' reflects the net loss from litigation regarding insurance claims. (l) 'Pension settlement charge, net of tax" reflects the net loss recognized in connection with the termination and settlement of the Company's defined benefit plan. (m) 'Pro forma net income (loss) adjustments attributable to noncontrolling interests' are the proportionate share of pro forma items that are attributable to noncontrolling interests. (n) 'Pro forma operating income (loss)' is defined as operating income (loss) adjusted for restructuring charges, costs related to disposition initiatives and Large Dispositions. Rayonier believes that this non-GAAP financial measure provides investors with useful information to evaluate our core business operations because it excludes specific items that are not indicative of the Company's ongoing operating results. F
Business Wire
16-07-2025
- Business
- Business Wire
Rayonier Scheduled to Release Second Quarter Earnings on August 6
WILDLIGHT, Fla.--(BUSINESS WIRE)--Rayonier Inc. (NYSE:RYN) plans to release its second quarter 2025 earnings after the market closes on Wednesday, August 6, 2025. Rayonier will host a conference call and live audio webcast at 10:00 a.m. (ET) on Thursday, August 7 to discuss these results. Supplemental materials and access to the live audio webcast will be available at A replay of the webcast will be archived on the Company's website and available shortly after the call. Investors may listen to the conference call by dialing 888-604-9366 (domestic) or 517-308-9338 (international), passcode: RAYONIER. A replay of the conference call will be available one hour following the call until Sunday, September 7, 2025, by dialing 800-510-0118 (domestic) or 203-369-3808 (international), passcode: 1139. About Rayonier Rayonier 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. As of March 31, 2025, Rayonier owned or leased under long-term agreements approximately 2.5 million acres of timberlands located in the U.S. South (1.75 million acres), U.S. Pacific Northwest (308,000 acres) and New Zealand (412,000 acres). On June 30, 2025, the Company completed the previously announced sale of the entirety of its New Zealand assets. More information is available at
Yahoo
21-05-2025
- Business
- Yahoo
Rayonier CEO to Present at REITweek
WILDLIGHT, Fla., May 21, 2025--(BUSINESS WIRE)--Rayonier Inc. (NYSE:RYN) announced today that Mark D. McHugh, President and Chief Executive Officer, will present at Nareit's REITweek: 2025 Investor Conference on Wednesday, June 4 at 2:00 p.m. Eastern Time in New York, NY. To access a live webcast of the presentation, participants can visit the Investor Relations section of Rayonier's website at and follow the registration link. The webcast will be available for replay on the Company's website shortly after the live event. About Rayonier Rayonier 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 March 31, 2025, Rayonier owned or leased under long-term agreements approximately 2.5 million acres of timberlands located in the U.S. South (1.75 million acres), U.S. Pacific Northwest (308,000 acres) and New Zealand (412,000 acres). More information is available at View source version on Contacts Investors/Media:Collin Mingsinvestorrelations@ 904-357-9100
Washington Post
01-05-2025
- Business
- Washington Post
Rayonier: Q1 Earnings Snapshot
WILDLIGHT, Fla. — WILDLIGHT, Fla. — Rayonier Inc. (RYN) on Wednesday reported a loss of $3.4 million in its first quarter. The Wildlight, Florida-based company said it had a loss of 2 cents per share. The forest products company posted revenue of $82.9 million in the period, which missed Street forecasts. Three analysts surveyed by Zacks expected $157 million.
Yahoo
30-04-2025
- Business
- Yahoo
Rayonier: Q1 Earnings Snapshot
WILDLIGHT, Fla. (AP) — WILDLIGHT, Fla. (AP) — Rayonier Inc. (RYN) on Wednesday reported a loss of $3.4 million in its first quarter. The Wildlight, Florida-based company said it had a loss of 2 cents per share. The forest products company posted revenue of $82.9 million in the period, which missed Street forecasts. Three analysts surveyed by Zacks expected $157 million. For the current quarter ending in June, Rayonier expects its per-share earnings to range from 1 cent to 4 cents. The company expects full-year earnings in the range of 31 cents to 41 cents per share. _____ This story was generated by Automated Insights ( using data from Zacks Investment Research. Access a Zacks stock report on RYN at
