Rayonier Advanced Materials Q4 Loss Widens to $0.28; Revenue Beats by 14%
Rayonier Advanced Materials reported a fourth-quarter adjusted loss of $0.28 per share, missing the consensus by 211% and widening from last year’s $0.10 loss. The company generated $417 million in revenues, exceeding estimates by 14.1% despite a 1.2% year-on-year decline, while shares have risen 62.3% year-to-date.
1. Q4 Loss and Earnings Surprise
Rayonier Advanced Materials reported an adjusted fourth-quarter loss of $0.28 per share, compared with analysts’ expectation of a $0.09 loss, representing a negative earnings surprise of 211%. This result also widens from a $0.10 per-share loss in the prior year, marking four consecutive quarters of failing to beat consensus EPS estimates.
2. Revenue Performance
The company generated $417 million in revenue for the quarter, surpassing the consensus estimate of $365.5 million by 14.1% despite a 1.2% year-over-year decline from $422 million. Segment performance included $249 million in Cellulose Specialties, $94 million in Cellulose Commodities, and $44 million in Paperboard.
3. Outlook and Stock Performance
Consensus estimates for the next quarter project a loss of $0.04 per share on $355.5 million in revenues, while full-year projections stand at $0.36 EPS on $1.49 billion. Shares have climbed 62.3% since January 1, although the Paper and Related Products industry ranks in the bottom 31%, highlighting potential headwinds.