Rayonier Advanced Materials (RYAM) Reports Q2 Loss, Misses Revenue Estimates

Core Viewpoint - Rayonier Advanced Materials reported a quarterly loss of $0.43 per share, significantly worse than the Zacks Consensus Estimate of a loss of $0.20, marking an earnings surprise of -115.00% [1] - The company has struggled with revenue, posting $340 million for the quarter, which is a 15.9% miss compared to the consensus estimate and a decline from $419 million year-over-year [2] Group 1: Financial Performance - The company has not surpassed consensus revenue estimates over the last four quarters, indicating ongoing challenges in meeting market expectations [2] - Rayonier Advanced Materials shares have declined approximately 54.8% year-to-date, contrasting sharply with the S&P 500's gain of 7.6% [3] Group 2: Future Outlook - The future performance of Rayonier Advanced Materials will largely depend on management's commentary during the earnings call and the subsequent revisions of earnings estimates [4][6] - The current consensus EPS estimate for the upcoming quarter is $0.08 on revenues of $410.7 million, while for the current fiscal year, the estimate is -$0.46 on revenues of $1.59 billion [7] Group 3: Industry Context - The Paper and Related Products industry, to which Rayonier Advanced Materials belongs, is currently ranked in the bottom 15% of over 250 Zacks industries, which may negatively impact the stock's performance [8]