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Rayonier Advanced Materials Inc (RYAM.N)

RYAM.N on New York Stock Exchange

3.60USD
20 Nov 2019
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Latest Key Developments (Source: Significant Developments)

Rayonier Advanced Materials Says Marcus Moeltner Will Be Promoted To CFO
Monday, 17 Jun 2019 

June 17 (Reuters) - Rayonier Advanced Materials Inc ::RAYONIER ADVANCED MATERIALS INC - MARCUS MOELTNER WILL BE PROMOTED TO CHIEF FINANCIAL OFFICER AND SENIOR VICE PRESIDENT, FINANCE.RAYONIER ADVANCED MATERIALS INC - CFO FRANK RUPERTO WILL ASSUME ROLE OF SENIOR VICE PRESIDENT, HIGH PURITY AND HIGH YIELD CELLULOSE BUSINESS.  Full Article

Rayonier Advanced Materials Reports Q1 Loss Per Share $0.52
Thursday, 9 May 2019 

May 8 (Reuters) - Rayonier Advanced Materials Inc ::RAYONIER ADVANCED MATERIALS REPORTS FIRST QUARTER 2019 RESULTS.Q1 LOSS PER SHARE $0.52.Q1 EARNINGS PER SHARE ESTIMATE $0.10 -- REFINITIV IBES DATA.PREVIOUSLY ANNOUNCED REVIEW OF STRATEGIC ALTERNATIVES FOR CERTAIN COMMODITY ASSETS ONGOING.REVIEW OF STRATEGIC ALTERNATIVES CONCLUSION ANTICIPATED BY END OF Q2.RAYONIER ADVANCED MATERIALS - WEAKER THAN ANTICIPATED LUMBER, PULP AND PAPERBOARD MARKETS IMPACTED RESULTS IN FOREST PRODUCTS, PULP, AND PAPER IN QUARTER.EXPECT TO IMPROVE FINANCIAL PERFORMANCE ULTIMATELY RETURNING EBITDA MARGINS TO HIGH TEENS IN BACK HALF OF 2019.QTRLY TOTAL NET SALES $483 MILLION VERSUS $522 MILLION.Q1 REVENUE VIEW $499.7 MILLION -- REFINITIV IBES DATA.RAYONIER - OPERATIONAL ISSUES AFFECTING HIGH PURITY CELLULOSE IN Q1 NEGATIVELY IMPACTS PREVIOUS GUIDANCE; GUIDANCE SHOULD NO LONGER BE RELIED UPON.FOR FULL YEAR 2019, COMPANY STILL EXPECTS STABILITY IN ITS CELLULOSE SPECIALTIES PRICES.FOR FULL YEAR 2019, COMPANY STILL EXPECTS STABILITY IN ITS CELLULOSE SPECIALTIES VOLUMES.COMMODITY PRODUCT SALES VOLUMES ARE EXPECTED TO BE MODESTLY LOWER THAN ORIGINAL FORECAST IN 2019.EXPECTS TO INCREASE PERCENTAGE OF ITS CASH FLOW DIRECTED TOWARD DEBT REPAYMENT IN 2019..  Full Article

Rayonier Says Evaluating Strategic Alternatives For Certain Commodity Assets
Thursday, 7 Mar 2019 

March 7 (Reuters) - Rayonier Advanced Materials Inc ::RAYONIER ADVANCED MATERIALS INC SAYS EVALUATING STRATEGIC ALTERNATIVES FOR CERTAIN COMMODITY ASSETS - SEC FILING.  Full Article

Rayonier Advanced Materials Reports Q4 EPS $0.18
Thursday, 14 Feb 2019 

Feb 13 (Reuters) - Rayonier Advanced Materials Inc ::RAYONIER ADVANCED MATERIALS REPORTS FOURTH QUARTER AND FULL YEAR 2018 RESULTS.Q4 ADJUSTED EARNINGS PER SHARE $0.19.Q4 EARNINGS PER SHARE $0.18.Q4 EARNINGS PER SHARE ESTIMATE $0.36 -- REFINITIV IBES DATA.ON-TRACK TO DELIVER $155 MILLION OF EBITDA FROM "STRATEGIC PILLARS BY END OF 2020".CELLULOSE SPECIALTIES PRICES AND VOLUMES IN 2019 EXPECTED TO BE STABLE FOR FIRST TIME IN SIX YEARS.EXCLUDING IMPACT OF SALE OF RESIN OPERATIONS, ADJUSTED EBITDA FOR SEGMENT IS EXPECTED TO BE FLAT IN 2019.QTRLY NET SALES $526 MILLION VERSUS $349 MILLION.Q4 REVENUE VIEW $535.1 MILLION -- REFINITIV IBES DATA.IN 2019, PAPERBOARD PRICES ARE EXPECTED TO REMAIN STABLE WHILE NEWSPRINT SALES PRICES ARE EXPECTED TO DECLINE.RAYONIER ADVANCED MATERIALS - ANTICIPATES WILL SPEND APPROXIMATELY $95 MILLION TO $105 MILLION IN MAINTENANCE CAPITAL EXPENDITURES ACROSS ALL SEGMENTS IN 2019.ANTICIPATES SPENDING APPROXIMATELY $28 MILLION ON HIGH-RETURN STRATEGIC PROJECTS IN 2019..  Full Article

Rayonier Advanced Materials Announces Accelerated Share Repurchases
Friday, 9 Nov 2018 

Nov 8 (Reuters) - Rayonier Advanced Materials Inc ::RAYONIER ADVANCED MATERIALS ANNOUNCES ACCELERATED SHARE REPURCHASES.RAYONIER ADVANCED MATERIALS INC - ASR WITH JPMORGAN TO REPURCHASE AN AGGREGATE OF $25 MILLION OF COMPANY'S COMMON STOCK.RAYONIER ADVANCED MATERIALS INC - ASR IS BEING IMPLEMENTED UNDER COMPANY'S SHARE REPURCHASE AUTHORIZATION OF UP TO $100 MILLION, WHICH WAS ANNOUNCED IN FEBRUARY OF 2018..  Full Article

Rayonier Advanced Materials Q2 Adjusted EPS $0.60
Friday, 3 Aug 2018 

Aug 2 (Reuters) - Rayonier Advanced Materials Inc ::RAYONIER ADVANCED MATERIALS REPORTS SECOND QUARTER 2018 RESULTS.Q2 ADJUSTED EARNINGS PER SHARE $0.60.Q2 EARNINGS PER SHARE $0.83.Q2 EARNINGS PER SHARE VIEW $0.52 -- THOMSON REUTERS I/B/E/S.RAYONIER ADVANCED MATERIALS - ANTICIPATES WILL SPEND ABOUT $100 TO $110 MILLION IN MAINTENANCE CAPITAL EXPENDITURES ACROSS ITS BUSINESSES IN 2018.RAYONIER ADVANCED MATERIALS - QTRLY NET SALES $542 MILLION VERSUS $522 MILLION IN Q1.  Full Article