Rayonier Adv Materials Q3 Adj $(0.40) Misses $(0.24) Estimate, Sales $369.00M Miss $393.17M Estimate

Author: Benzinga Newsdesk | November 07, 2023 05:52pm
Rayonier Adv Materials (NYSE:RYAM) reported quarterly losses of $(0.40) per share which missed the analyst consensus estimate of $(0.24) by 66.67 percent. This is a 242.86 percent decrease over earnings of $0.28 per share from the same period last year. The company reported quarterly sales of $369.00 million which missed the analyst consensus estimate of $393.17 million by 6.15 percent. This is a 20.82 percent decrease over sales of $466.00 million the same period last year.

Posted In: RYAM