RBC Capital Downgrades Rayonier Advanced Materials (RYAM) to Sector Perform

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Rayonier Advanced Materials (RYAM) Reports In-Line Q2 EPS

July 30, 2014 8:11 AM EDT

Rayonier Advanced Materials (NYSE: RYAM) reported Q2 EPS of $0.84, in-line with the analyst estimate of $0.84. Revenue for the quarter came in at $213 million versus the consensus estimate of $247.7 million.

With the spin-off completed, we will now focus our attention on pursuing long-term growth opportunities, expanding our specialty chemical business,... More