Detail akcie Rayonier online

Business Summary: Rayonier Inc. is a timberland real estate investment trust (REIT) with assets located in productive softwood timber growing regions in the United States and New Zealand. The Company's segments include Southern Timber, Pacific Northwest Timber, New Zealand Timber, Real Estate and Trading. It owns, leases or manages approximately 2.7 million acres of timberland and real estate located in the United States South (1.85 million acres), United States Pacific Northwest (418,000 acres) and New Zealand (421,000 gross acres, or 297,000 net plan table acres). In addition, it engages in the trading of logs to Pacific Rim markets, predominantly from New Zealand and Australia, to support its New Zealand export operations. It also engages in log trading activities to these markets from the United States South and United States Pacific Northwest. Its Trading segment primarily reflects log trading activities in New Zealand and Australia conducted by its New Zealand subsidiary.
Financial Summary: BRIEF: For the three months ended 31 March 2024, Rayonier Inc revenues decreased 6% to $168.1M. Net income decreased 84% to $1.4M. Revenues reflect Pacific Northwest Timber segment decrease of 27% to $25.2M, Southern Timber segment decrease of 3% to $70M, Trading segment decrease of 6% to $11.8M. Net income also reflects Corporate and Other segment loss increase of 13% to $9.8M, Real Estate segment loss totaling $128K vs. income of $883K.