Rayonier Earnings Preview For Tuesday (RYN)
Rayonier (NYSE:RYN) is nearing the of release last fiscal quarter's results before the opening bell on April 24, 2012. We can review how Rayonier has executed for investors recently.
Who They Are:
Rayonier, Inc. engages in the sale and development of real estate and timberland management, as well as in the production and sale of cellulose fibers in the United States, New Zealand, and Australia. The company was founded in 1926. Rayonier is headquartered in Jacksonville, Florida. Rayonier shares trade an average of 723,000 shares per day and has a marketcap of $5.4 Billion.
Book Value: $10.84
Float Short: 3.87%
What To Expect:
On average, 7 Analysts are expecting a drop of $-0.11 in earnings per share compared to last quarter's results of $0.48. A beat of $0.37 per share will top the estimated mean earnings.
For the last analyst update, a low of $0.36 and a high of $0.38 per share is what Wall Street is anticipating.
Here is a look at the fiscal year revenue for Rayonier .
Recent Stock and Valuation Performance:
The current trailing twelve months P/E ratio is 20.8. The forward P/E ratio is 20.59.
From a month ago, the stock has decreased in price -0.97%, with a change from a year ago of 9.42%.
When comparing to the S&P 500, the year to date difference is -11.28%.
The company has falling revenue year-over-year of $1.49 billion for 2011 vs. $1.32 billion for 2010. The bottom line has rising earnings year-over-year of $276.01 million for 2011 vs. $217.59 million for 2010.The company's earnings before interest and taxes are rising with an EBIT year-over-year of $356.29 million for 2011 vs. $281.95 million for 2010. Rising revenue along with rising earnings is a very good sign and what we want to see with our companies. Be sure to check the margins in the earnings release to make sure the bottom line is keeping up with the top line.
Here are the last few quarters to get an idea how well they perform compared to estimates
Reported earnings per share compared to the mean estimate. Differences are rounded.
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