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Rayonier's (RYN) CEO David Nunes on Q1 2018 Results - Earnings Call Transcript

May 03, 2018 2:48 PM ETRayonier Inc. (RYN)
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Rayonier, Inc. (NYSE:RYN) Q1 2018 Results Earnings Conference Call May 3, 2018 10:00 AM ET


Mark McHugh - SVP and CFO

David Nunes - President and CEO

Douglas Long - SVP, U.S. Operations

Christopher Corr - SVP, Real Estate and Public Affairs and President of Raydient Inc.


John Babcock - Bank of America Merrill Lynch

Ketan Mamtora - BMO Capital Markets

Collin Mings - Raymond James & Associates, Inc.

Randy Toth - Citi


Welcome and thank you for joining Rayonier's First Quarter 2018 Teleconference Call. at this time, all participants are in a listen-only mode. [Operator Instructions] Today's conference is being recorded. If you have any objections, you may disconnect at this time.

Now I will turn the meeting over to Mr. Mark McHugh, Senior Vice President and CFO. Sir, you may begin.

Mark McHugh

Thank you and good morning. Welcome to Rayonier's investor teleconference covering first quarter earnings. Our earnings statements and financial supplements were released yesterday afternoon and are available on our website at rayonier.com.

I'd like to remind you that in these presentations, we include forward-looking statements made pursuant to the Safe Harbor provisions of federal securities laws. Our earnings release and Form 10-K filed with the SEC lists some of the factors that may cause actual results to differ materially from the forward-looking statements we may make. They're also referenced on page two of our financial supplement.

Throughout these presentations, we will also discuss non-GAAP financial measures, which are defined and reconciled to the nearest GAAP measure in our earnings release and supplemental materials.

With that, let's start our teleconference with opening comments from Dave Nunes, President and CEO. Dave?

David Nunes

Thanks Mark and good morning everyone. First, I'd like to make some overall comments before turning it back over to Mark to review

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