Rayonier Adv Materials: Q2 Earnings Insights

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Rayonier Adv Materials RYAM reported its Q2 earnings results on Wednesday, August 3, 2022 at 04:00 PM.

Here's what investors need to know about the announcement.

Earnings

Rayonier Adv Materials missed estimated earnings by 93.75%, reporting an EPS of $-0.31 versus an estimate of $-0.16.

Revenue was up $58.00 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.03 which was followed by a 7.75% increase in the share price the next day.

Here's a look at Rayonier Adv Materials's past performance:

Quarter Q1 2022 Q4 2021 Q3 2021 Q2 2021
EPS Estimate -0.41 -0.10 0.02 0.74
EPS Actual -0.38 -0.37 -0.21 0.14
Revenue Estimate 365.35M 379.91M 383.87M 523.07M
Revenue Actual 352.00M 374.00M 374.00M 341.00M

To track all earnings releases for Rayonier Adv Materials visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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Posted In: EarningsBZI-Recaps
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