Rayonier Advanced Materials (RYAM) Misses Q4 EPS by 15c; provides improved 2024 outlook

Rayonier Advanced Materials (NYSE: RYAM) reported Q4 EPS of ($0.22), $0.15 worse than the analyst estimate of ($0.07). Revenue for the quarter came in at $422 million versus the consensus estimate of $410.27 million.

OUTLOOK

2024 Adjusted EBITDA guidance of $180 million to $200 million expected to drive $20 million to $40 million of Adjusted Free Cash Flow.

For earnings history and earnings-related data on Rayonier Advanced Materials (RYAM) click here.

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