Rayonier Advanced Materials Inc expected to post a loss of 10 cents a share - Earnings Preview

Rayonier Advanced Materials

04/05/2024 03:02

* Rayonier Advanced Materials Inc  RYAM.N   RYAM.K  is
expected
to show a fall in quarterly revenue when it reports  results on
May 7 for the period ending March 31 2024
    * The Jacksonville Florida-based  company is expected to
report a
8.0% decrease in revenue to $429.7 million from $467 million a
year ago, according to the mean estimate from 3 analysts, based
on LSEG data.
    * ​LSEG's mean analyst estimate for Rayonier Advanced
Materials
Inc is for a loss of 10 cents per share. 
    * The one available analyst rating on the shares is "buy".  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Rayonier
Advanced
Materials Inc is $5.50​, above​ its last closing price of $3.98.
​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Dec. 31 2023  -0.07       -0.07      -1.88     Missed  -2,463
                                                        .8
 Sep. 30 2023  -0.31       -0.31      -0.39     Missed  -27.2
 Jun. 30 2023  -0.12       -0.12      -0.26     Missed  -116.7
                                                        ​
 Mar. 31 2023  0.07        0.07       0.02      Missed  -69.2
 ​​Dec.        0.04        0.04       0.05      Beat    25
 31 2022                                                
 Sep. 30 2022  0.10        0.10       0.45      Beat    350​
 Jun. 30 2022  -0.20       -0.20      -0.36     Missed  -77.1
 Mar. 31 2022  -0.42       -0.41      -0.39     Beat    4.9
 This summary was machine generated May 4 at 02:02 GMT.  All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)