Rayonier Advanced Materials (NYSE: RYAM) is set to announce its financial results for the third quarter of 2024 on Tuesday 5th November 2024. This highly anticipated announcement is scheduled to take place after market close. Investors will have the opportunity to learn more about the company's performance during the quarter.
Financial experts on Wall Street anticipate that the company is set to announce an estimated $0.10 loss per share for the quarter. Furthermore, the company is expected to disclose a total revenue of $410.1 million for this specific period.
Wall Street analysts have offered their forecasts for the company's yearly performance, predicting a total revenue of $1.62 billion. Additionally, they are expecting the company to report loss of $0.18 per share for the fiscal year 2024.
The company's earnings report for the corresponding quarter of the previous year showcased a per-share loss of $0.4. This figure was a result of the company's total revenue, which reached an impressive $369 million million during that specific period.
The business has scheduled a conference call on 6th November 2024 at 09:00 AM eastern time to discuss Q3 financial results.
Rayonier Advanced Materials (RYAM) closed Friday's regular trading session at $8.10, marking a 1.76 percent advance. The stock fluctuated between $7.92 and $8.16 during the day, with a volume of 569.80 thousand shares.
