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Rayonier: 3Q Earnings Snapshot

·1 min read

WILDLIGHT, Fla. (AP) _ Rayonier Inc. (RYN) on Wednesday reported a loss of $800,000 in its third quarter.

The Wildlight, Florida-based company said it had a loss of 1 cent per share. Earnings, adjusted for non-recurring costs and costs related to mergers and acquisitions, came to 6 cents per share.

The forest products company posted revenue of $198.9 million in the period.

Rayonier shares have decreased 21% since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $25.78, a drop of 12% in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on RYN at https://www.zacks.com/ap/RYN