Rayonier Advanced Materials Inc (RYAM, Financial) is set to release its Q3 2024 earnings on Nov 6, 2024. The consensus estimate for Q3 2024 revenue is $410.10 million, and the earnings are expected to come in at -$0.12 per share. The full year 2024's revenue is expected to be $1.62 billion and the earnings are expected to be -$0.34 per share. More detailed estimate data can be found on the Forecast page.
Rayonier Advanced Materials Inc (RYAM, Financial) Estimates Trends
Over the past 90 days, revenue estimates for Rayonier Advanced Materials Inc (RYAM) for the full year 2024 have increased from $1.62 billion to $1.62 billion. For 2025, the revenue estimates have declined from $1.66 billion to $1.65 billion. Earnings estimates have remained flat at -$0.34 per share for the full year 2024, while for 2025, they have increased from $0.16 per share to $0.21 per share.
Rayonier Advanced Materials Inc (RYAM, Financial) Reported History
In the previous quarter of June 30, 2024, Rayonier Advanced Materials Inc's (RYAM) actual revenue was $416 million, which beat analysts' revenue expectations of $402.17 million by 3.44%. Rayonier Advanced Materials Inc's (RYAM) actual earnings were $0.12 per share, which beat analysts' earnings expectations of -$0.11 per share by 209.09%. After releasing the results, Rayonier Advanced Materials Inc (RYAM) was up by 30.12% in one day.
Rayonier Advanced Materials Inc (RYAM, Financial) 12 Month Price Targets
Based on the one-year price targets offered by 2 analysts, the average target price for Rayonier Advanced Materials Inc (RYAM) is $9.50 with a high estimate of $10 and a low estimate of $9. The average target implies an upside of 16.85% from the current price of $8.13.
Based on GuruFocus estimates, the estimated GF Value for Rayonier Advanced Materials Inc (RYAM, Financial) in one year is $5.03, suggesting a downside of -38.13% from the current price of $8.13.
Based on the consensus recommendation from 1 brokerage firm, Rayonier Advanced Materials Inc's (RYAM, Financial) average brokerage recommendation is currently 2.0, indicating an "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
