Rayonier Advanced Materials (RYAM) Q2 Earnings and Revenues Surpass Estimates

Rayonier Advanced Materials (RYAM) came out with quarterly earnings of $0.19 per share, beating the Zacks Consensus Estimate of a loss of$ 0.07 per share. This compares to loss of $0.25 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 371.43%. A quarter ago, it was expected that this maker of cellulose products would post a loss of$ 0.01 per share when it actually produced a loss of $0.02, delivering a surprise of -100%. Over ...