Rayonier Advanced Materials Reports Second Quarter 2017 Results

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Rayonier Advanced Materials (RYAM) Misses Q2 EPS by 14c, Offers Guidance

August 2, 2017 4:52 PM EDT

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... More