Rayonier Advanced Materials Inc reports results for the quarter ended December 31 - Earnings Summary

• Rayonier Advanced Materials Inc RYAM.N reported a quarterly adjusted loss of 10 cents​​ per share for the quarter ended December 31, higher than the same quarter last year, when the company reported EPS of $-1.88. The mean expectation of three analysts for the quarter was for a loss of 19 cents per share. Wall Street expected results to range from -28 cents to -12 cents per share.

• Revenue held steady 0% to $422.00 million from a year ago; analysts expected $417.07 million.

• Rayonier Advanced Materials Inc's reported EPS for the quarter was a loss of 25 cents​.

• The company reported a quarterly loss of $16 million.

• Rayonier Advanced Materials Inc shares had fallen by 9.2% this quarter.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 7.7% in the last three months.​

• In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 1 "strong buy" or "buy," no "hold" and no "sell" or "strong sell."

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

Wall Street's median 12-month price target for Rayonier Advanced Materials Inc is $12.50

This summary was machine generated from LSEG data March 6 at 09:55 a.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)