Rayonier Advanced Materials Announces First Quarter 2021 Results and Strategic Update

Go back to Rayonier Advanced Materials Announces First Quarter 2021 Results and Strategic Update

Rayonier Advanced Materials (RYAM) Misses Q1 EPS by 82c, Revenues Miss

May 4, 2021 4:51 PM EDT

Rayonier Advanced Materials (NYSE: RYAM) reported Q1 EPS of ($0.43), $0.82 worse than the analyst estimate of $0.39. Revenue for the quarter came in at $465 million versus the consensus estimate of $520.03 million.

As expected, first quarter operating results were significantly favorable to both the prior year... More