Rayonier Advanced Materials Inc reports results for the quarter ended in December - Earnings Summary

Rayonier Advanced Materials

24/02/2022 20:06

* Rayonier Advanced Materials Inc  RYAM.N  reported a
quarterly
adjusted loss of 37 cents​​ per share for the quarter ended in
December. The mean expectation of three analysts for the quarter
was for a loss of 10 cents per share.
    * Revenue fell 26.4% to $374.00 million from a year ago; 
analysts
expected $379.91 million. 
    * Rayonier Advanced Materials Inc's reported EPS for the
quarter
was a loss of 38 cents​.
    * The mean earnings estimate of analysts had risen by
about 14.7%
in the last three months.​ 
    * In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
    * Rayonier Advanced Materials Inc shares had fallen by 9.8%
this
quarter.
    * The company reported a quarterly loss of $24 million.
    * Wall Street's median 12-month price target for Rayonier
Advanced
Materials Inc is $8.00 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 1
"hold" and 1 "sell" or "strong sell." 

This summary was machine generated February 24 at 08:05 p.m.
 ​All figures in US dollars unless otherwise stated