Rayonier Advanced Materials Reports Third Quarter Results
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Rayonier Advanced Materials (RYAM) Tops Q3 EPS by 20c; Raises Outlook
October 31, 2016 4:37 PM EDTRayonier Advanced Materials (NYSE: RYAM) reported Q3 EPS of $0.44, $0.20 better than the analyst estimate of $0.24. Revenue for the quarter came in at $207 million versus the consensus estimate of $211.76 million. Third quarter net income of $22 million and pro forma EBITDA of $64 million.
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