WASHINGTON (dpa-AFX) - Rayonier Inc. (RYN) said the company now anticipates full-year earnings per share of $0.27 to $0.31, pro forma EPS of $0.17 to $0.21, and adjusted EBITDA of $240 million to $260 million.
Second quarter pro forma net income per share was $0.11 compared to $0.14, last year. Adjusted EBITDA was $78.6 million compared to $60.6 million, a year ago.
Second quarter revenues were $195.6 million compared to $184.8 million, previous year. Pro forma revenues improved year-on-year to $189.8 million from $184.8 million.
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