What's Next: Rayonier Adv Materials's Earnings Preview

Rayonier Adv Materials (NYSE:RYAM) will release its quarterly earnings report on Tuesday, 2024-11-05. Here's a brief overview for investors ahead of the announcement.

Analysts anticipate Rayonier Adv Materials to report an earnings per share (EPS) of $-0.11.

Anticipation surrounds Rayonier Adv Materials's announcement, with investors hoping to hear about both surpassing estimates and receiving positive guidance for the next quarter.

New investors should understand that while earnings performance is important, market reactions are often driven by guidance.

Performance in Previous Earnings

In the previous earnings release, the company beat EPS by $0.29, leading to a 30.12% increase in the share price the following trading session.

Here's a look at Rayonier Adv Materials's past performance and the resulting price change:

Quarter

Q2 2024

Q1 2024

Q4 2023

Q3 2023

EPS Estimate

-0.10

-0.10

-0.07

-0.24

EPS Actual

0.19

-0.02

-0.22

-0.40

Price Change %

30.0%

2.0%

-21.0%

2.0%

Market Performance of Rayonier Adv Materials's Stock

Shares of Rayonier Adv Materials were trading at $8.1 as of November 01. Over the last 52-week period, shares are up 167.21%. Given that these returns are generally positive, long-term shareholders should be satisfied going into this earnings release.

Analyst Views on Rayonier Adv Materials

For investors, staying informed about market sentiments and expectations in the industry is paramount. This analysis provides an exploration of the latest insights on Rayonier Adv Materials.

Analysts have provided Rayonier Adv Materials with 2 ratings, resulting in a consensus rating of Outperform. The average one-year price ...