Rayonier Advanced Materials (RYAM) Reports Q1 Loss, Lags Revenue Estimates

Rayonier Advanced Materials (RYAM) came out with a quarterly loss of $0.49 per share versus the Zacks Consensus Estimate of a loss of$ 0.14. This compares to loss of $0.02 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -250%. A quarter ago, it was expected that this maker of cellulose products would post a loss of$ 0.12 per share when it actually produced a loss of $0.10, delivering a surprise of 16.67%.Over the last four qua ...