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

Rayonier Advanced Materials

02/11/2024 03:59

* Rayonier Advanced Materials Inc  RYAM.N   RYAM.K  is
expected
to show a rise in quarterly revenue when it reports  results on
November 5 for the period ending September 30 2024
    * The Jacksonville Florida-based  company is expected to
report a
11.2% increase in revenue to $410.1 million from $368.67 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 $9.50​, above​ its last closing price of $8.10.
​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Jun. 30 2024  -0.10       -0.10      0.19      Beat    296.5
 Mar. 31 2024              -0.10      -0.02     Beat    80.6
 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.        -0.12       -0.12      -0.26     Missed  -116.7
 30 2023                                                
 Mar. 31 2023  0.07        0.07       0.02      Missed  -69.2​
 Dec. 31 2022  0.04        0.04       0.05      Beat    25
 Jan. 1 0001   0.10        0.10       0.45      Beat    350
 This summary was machine generated November 2 at 03:59 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)