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

Rayonier Advanced Materials

29/10/2022 24:51

* Rayonier Advanced Materials Inc  RYAM.N   RYAM.K  is
expected
to show a rise in quarterly revenue when it reports  results on
November 1. 
    * The Jacksonville Florida-based  company is expected to
report  a
12.4% increase in revenue to $420.425 million from $374 million
a year ago, according to the mean estimate from 2 analysts,
based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Rayonier Advanced
Materials Inc is for earnings of 10 cents per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 1 "strong buy" or "buy," no
"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 $3.95​, below​ its last closing price of $4.36.
​​​

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 2022  -0.20       -0.20      -0.36     Missed  -77.1
 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
 ​​Jun.        0.74        0.74       0.14      Missed  -81.1
 30 2021                                                
 Mar. 31 2021  0.47        0.39       -0.43     Missed  -209.3
                                                        ​
 Dec. 31 2020  -0.09       -0.10      0.14      Beat    240
 Sep. 30 2020  -0.15       -0.14      0.45      Beat    414
 This summary was machine generated October 28 at 23:51 GMT.  All
figures in US dollars  unless otherwise stated