Rayonier Adv Materials (NYSE:RYAM) reported its Q4 earnings results on Tuesday, February 27, 2024 at 04:35 PM.
Here's what investors need to know about the announcement.
Earnings
Rayonier Adv Materials missed estimated earnings by -214.0%, reporting an EPS of $-0.22 versus an estimate of $-0.07.
Revenue was down $78.00 million from the same period last year.
Past Earnings Performance
Last quarter the company missed on EPS by $0.16 which was followed by a 2.0% increase in the share price the next day.
Here's a look at Rayonier Adv Materials's past performance:
| Quarter | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 |
|---|---|---|---|---|
| EPS Estimate | -0.24 | -0.12 | 0.06 | 0.04 |
| EPS Actual | -0.40 | -0.25 | 0.05 | 0.04 |
| Revenue Estimate | 393.17M | 417.63M | 448.78M | 436.36M |
| Revenue Actual | 369.00M | 385.00M | 467.00M | 500.00M |
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.