Rayonier Advanced Materials (NYSE: RYAM) reported Q2 EPS of $0.11, $0.14 worse than the analyst estimate of $0.25. Revenue for the quarter came in at $201 million versus the consensus estimate of $214.33 million.

Guidance

The Company expects net income of $32 to $39 million and EBITDA at the high-end of our initial guidance of $190 to $200 million. Cash flow from operations and adjusted free cash flows are anticipated to be $142 to $152 million and $90 to $100 million, respectively. The Company anticipates capital expenditures of approximately $60 million, including our investment in the LignoTech Florida project.

For earnings history and earnings-related data on Rayonier Advanced Materials (RYAM) click here.