---
schema_version: "secwatch.filing_event.v1"
accession: "0000052827-24-000145"
form_type: "8-K"
ticker: null
cik: "0001806931"
company_name: "Rayonier, L.P."
filed_at: "2024-05-01T23:59:59+00:00"
generated_at: "2026-06-03T03:10:59.389883+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Rayonier Reports Q1 2024 Net Income of $1.4M on Revenue of $168.1M; Pro Forma Net Income $7.0M

## Summary
- First quarter net income attributable to Rayonier was $1.4 million ($0.01 per share) on revenues of $168.1 million.
- Pro forma net income was $7.0 million ($0.05 per share), compared to $1.1 million in prior year period.
- Adjusted EBITDA was $56.2 million, up 3% from $54.7 million in prior year quarter.
- Southern Timber segment Adjusted EBITDA increased 5% to $44.8 million; New Zealand Timber segment Adjusted EBITDA rose 88% to $11.4 million.
- The company continues to make progress toward its $1 billion disposition target, marketing ~115,000 acres in Washington and evaluating alternatives for New Zealand JV.

## SEC filing metadata
- accession: 0000052827-24-000145
- form_type: 8-K
- cik: 0001806931
- company_name: Rayonier, L.P.
- filed_at: 2024-05-01T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1806931/000005282724000145/0000052827-24-000145-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/52827/000005282724000145/ryn-20240501.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000052827-24-000145
- JSON: https://secwatch.observer/filing/0000052827-24-000145.json
- Plain text: https://secwatch.observer/filing/0000052827-24-000145.txt

## Key facts
- Earnings Releases
  Rayonier, L.P. reported the quarter ended March 31, 2024 results: revenue $168.1 million, net income $1.4 million ($0.01 per share), EPS $0.01 per share.
  - Period: the quarter ended March 31, 2024
  - Revenue: $168.1 million
  - Net income: $1.4 million ($0.01 per share)
  - EPS: $0.01 per share
  - Result: reported results
  source text: Exhibit 99.1 News Release RAYONIER REPORTS FIRST QUARTER 2024 RESULTS • First quarter net income attributable to Rayonier of $1.4 million ($0.01 per share) on revenues of $168.1 million • First quarter pro forma net income of $7.0 million ($0.05 per share) • First quarter operating income of $16.2 million and Adjusted EBITDA of $56.2 million • First quarter cash
  evidence_url: https://www.sec.gov/Archives/edgar/data/1806931/000005282724000145/0000052827-24-000145-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.