Rayonier Advanced Materials (RYAM) Tops Q1 EPS by 10c, reaffirms guidance

Rayonier Advanced Materials (NYSE: RYAM) reported Q1 EPS of ($0.02), $0.10 better than the analyst estimate of ($0.12). Revenue for the quarter came in at $388 million versus the consensus estimate of $429.87 million.

Guidance:

2024 Adjusted EBITDA guidance of $180 million to $200 million

2024 Adjusted Free Cash Flow guidance increased to $80 million to $100 million

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

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