Rayonier Advanced Materials (RYAM) Reports Q3 Loss, Lags Revenue Estimates

Company Performance - Rayonier Advanced Materials reported a quarterly loss of $0.12 per share, better than the Zacks Consensus Estimate of a loss of$ 0.18, and an improvement from a loss of $0.41 per share a year ago, representing an earnings surprise of 33.33% [1] - The company posted revenues of$ 401 million for the quarter ended September 2024, missing the Zacks Consensus Estimate by 2.72%, but showing an increase from year-ago revenues of $369 million [2] - Over the last four quarters, Rayonier Advanced Materials has surpassed consensus EPS estimates two times and topped consensus revenue estimates just once [2] Stock Performance - Rayonier Advanced Materials shares have increased approximately 100.7% since the beginning of the year, significantly outperforming the S&P 500's gain of 19.8% [3] - The current consensus EPS estimate for the upcoming quarter is -$ 0.47 on revenues of $430.7 million, and -$ 0.48 on revenues of $1.65 billion for the current fiscal year [7] Industry Outlook - The Paper and Related Products industry, to which Rayonier Advanced Materials belongs, is currently ranked in the bottom 16% of over 250 Zacks industries, indicating a challenging environment [8] - The outlook for the industry can materially impact the stock's performance, as research shows that the top 50% of Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1 [8]