Rayonier Advanced Materials Inc expected to post a loss of 24 cents a share - Earnings Preview

Rayonier Advanced Materials

27/10/2023 13:00

* Rayonier Advanced Materials Inc  RYAM.N   RYAM.K  is
expected
to show a fall in quarterly revenue when it reports  results on
November 7. 
    * The Jacksonville Florida-based  company is expected to
report  a
15.6% decrease in revenue to $393.167 million from $466 million
a year ago, according to the mean estimate from 3 analysts,
based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Rayonier Advanced
Materials Inc is for a loss of 24 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 $5.5​, above​ its last closing price of $2.85.
​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 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. 31 2022  0.04        0.04       0.05      Beat    25​
 Sep. 30 2022  0.10        0.10       0.45      Beat    350
 ​​Jun.        -0.20       -0.20      -0.36     Missed  -77.1
 30 2022                                                
 Mar. 31 2022  -0.42       -0.41      -0.39     Beat    4.9​
 Dec. 31 2021  -0.09       -0.10      -0.37     Missed  -282.7
 Sep. 30 2021  0.02        0.02       -0.21     Missed  -1,359
                                                        .7
 This summary was machine generated October 27 at 12:00 GMT.  All
figures in US dollars  unless otherwise stated