Rayonier inc. reports earnings results for the third quarter ended september 30, 2019

Rayonier inc. announced earnings results for the third quarter ended september 30, 2019. for the third quarter, the company announced operating income was usd 11 million compared to usd 46.4 million a year ago. net loss was usd 0.4 million compared to net income of usd 23.4 million a year ago. for the nine months, operating income was usd 80.9 million compared to usd 155.1 million a year ago. net income was usd 43.1 million compared to usd 100.2 million a year ago. basic earnings per share was usd 0.33 compared to usd 0.78 a year ago. diluted earnings per share was usd 0.33 compared to usd 0.77 a year ago.
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