Rayonier Advanced Materials reports Q3 adjusted EPS (7c) vs (12c) last year

Reports Q3 revenue $353M, consensus $373.6M. “Our third quarter reflects the strength of our core business and the resilience of our teams executing through a dynamic backdrop,” said De Lyle Bloomquist, President and CEO of RYAM. “The core Cellulose Specialties business performed as expected, approaching normalized levels. The transitory pressures we faced earlier in the year continue to ease, and we’re seeing clear signs of stabilization across demand, operational performance and costs. The momentum we’ve built exiting the third quarter reinforces the durability of our platform and the progress we’re making in positioning RYAM for sustainable growth.