Overview
Rayonier Q2 net sales fall to $340 mln, missing analyst expectations
Q2 net loss of $363 mln due to $337 mln non-cash tax asset write-off
Outlook
Company expects 2025 Adjusted EBITDA of $150 mln to $160 mln
RYAM targets over $300 mln run-rate EBITDA by end of 2027
Result Drivers
TARIFF VOLATILITY - Tariff uncertainty led to decreased sales volumes in Cellulose Specialties, impacting revenue
OPERATIONAL DISRUPTIONS - Operational challenges and a labor strike at the Tartas cellulose plant affected production and sales across several segments
Key Details
Analyst Coverage
The one available analyst rating on the shares is "buy"
The average consensus recommendation for the specialty chemicals peer group is "buy"
Wall Street's median 12-month price target for Rayonier Advanced Materials Inc is $6.50, about 42.6% above its August 4 closing price of $3.73
Press Release: ID:nBw800wfPa
(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)