Rayonier Advanced Materials Q1 sales beat estimates

Rayonier Advanced Materials

05/05/2026 21:35

Overview

US high purity cellulose producer's Q1 net sales fell yr/yr but beat analyst expectations

Company posted larger net loss, including $41 mln in non-cash plant idling charges

Outlook

Company expects 2026 EBITDA above 2025 levels and positive free cash flow

Rayonier Advanced Materials says 2026 is a transition year with sequential improvement expected

Company says focus remains on executing operating plan and advancing Cellulose Specialties leadership

Result Drivers

PRODUCT MIX SHIFT - Company increased cellulose commodity sales volume but saw a sharp decline in cellulose specialties volume as it shifted production mix

LOWER PRICING & SOFTER DEMAND - Average cellulose sales price fell 11%, with commodity prices down due to global softness and specialties volumes hit by weak acetate and ethers demand

NON-CASH PLANT IDLING CHARGES - Operating income was reduced by $41 mln in non-cash charges related to the permanent idling of the Temiscaming HPC plant

Company press release: ID:nBw54KDjfa

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Net Sales
Beat
$319 mln
$302.50 mln (3 Analysts)
Q1 EPS
-$1.22
Q1 Net Income
-$81 mln
Q1 Operating Income
-$65 mln


Analyst Coverage

The one available analyst rating on the shares is "buy"

The average consensus recommendation for the specialty chemicals peer group is "buy"

Wall Street's median 12-month price target for Rayonier Advanced Materials Inc is $14.50, about 61.3% above its May 4 closing price of $8.99

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)