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

Rayonier Advanced Materials

01/11/2022 22:33

* Rayonier Advanced Materials Inc  RYAM.N  reported
quarterly
adjusted earnings of 45 cents​​ per share for the quarter ended
in September. The mean expectation of three analysts for the
quarter was for earnings of 10 cents per share.
    * Revenue rose 24.6% to $466.00 million from a year ago;
analysts
expected $420.43 million. 
    * Rayonier Advanced Materials Inc's reported EPS for the
quarter
was 45 cents​.
    * The mean earnings estimate of analysts was unchanged in
the last
three months.​ 
    * In the last 30 days one analyst negatively revised an
earnings
estimate 
    * Rayonier Advanced Materials Inc shares had risen by 44.4%
this
quarter and lost 20.3% so far this year.
    * The company reported quarterly net income of $30 million.
    * Wall Street's median 12-month price target for Rayonier
Advanced
Materials Inc is $3.95 
    * 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." 

This summary was machine generated from Refinitiv data November
1 at 10:33 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2022      0.10           0.45           Beat
 Jun. 30 2022      -0.20          -0.36          Missed
 Mar. 31 2022      -0.41          -0.39          Beat
 Dec. 31 2021      -0.10          -0.37          Missed