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

Rayonier Advanced Materials (RYAM) came out with a quarterly loss of $0.43 per share versus the Zacks Consensus Estimate of a loss of $0.2. This compares to earnings of $0.19 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -115.00%. A quarter ago, it was expected that this maker of cellulose products would post a loss of $0.14 per share when it actually produced a loss of $0.49, delivering a surprise of -250%.Over the last fou ...