Rayonier Advanced Materials Inc expected to post a loss of 41  cents a share - Earnings Preview

Rayonier Advanced Materials

30/04/2022 03:07

* Rayonier Advanced Materials Inc  RYAM.N   RYAM.K  is
expected
to show a fall in quarterly revenue when it reports  results on
May 3. 
    * The Jacksonville Florida-based  company is expected to
report  a
21.4% decrease in revenue to $365.35 million from $465 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 41 cents per share. For the same
quarter last year, the company reported a loss of 43 cents per
share.
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is no "strong buy" or "buy," 2
"hold" and 1 "sell" or "strong sell."  
    * 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 $7​, above​ its last closing price of $5.13.
​​​
    * Previous quarterly performance (using preferred earnings
measure
in US dollars). ​

 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 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
 Jun. 30 2021  0.74        0.74       0.14      Missed  -81.1​
 Mar. 31 2021  0.47        0.39       -0.43     Missed  -209.3
 ​​Dec.        -0.09       -0.10      0.14      Beat    240
 31 2020                                                
 Sep. 30 2020  -0.15       -0.14      0.45      Beat    414​
 Jun. 30 2020  -0.36       -0.32      -0.20     Beat    37
 Mar. 31 2020  -0.41       -0.46      -0.49     Missed  -6.8
 This summary was machine generated April 30 at 02:07 GMT.  All
figures in US dollars  unless otherwise stated