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

Rayonier Advanced Materials

04/05/2022 02:49

* Rayonier Advanced Materials Inc  RYAM.N  reported a
quarterly
adjusted loss of 39 cents​​ per share for the quarter ended in
March. The mean expectation of three analysts for the quarter
was for a loss of 41 cents per share.
    * Revenue fell 24.3% to $352.00 million from a year ago; 
analysts
expected $365.35 million. 
    * Rayonier Advanced Materials Inc's reported EPS for the
quarter
was a loss of 39 cents​.
    * The mean earnings estimate of analysts had fallen by
about 530.8% in the last three months.​ 
    * In the last 30 days one analyst negatively revised an
earnings
estimate 
    * Rayonier Advanced Materials Inc shares had fallen by 26.0%
this
quarter and lost 14.9% so far this year.
    * Wall Street's median 12-month price target for Rayonier
Advanced
Materials Inc is $7.00 
    * 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." 

This summary was machine generated May 4 at 01:49 a.m.  ​All
figures in US dollars unless otherwise stated