RYAM earnings call for the period ending September 30, 2019.
News & Analysis: Rayonier Advanced Materials
Both the Q3 results and the Q4 forecast look exceedingly bleak.
The maker of cellulose-based materials delivered disappointing results.
Earnings met expectations, but it was hurricane news that investors clung to.
The chemical company's proposed acquisition of Tembec just became a lot more likely to happen.
A big acquisition could pay off in spades for Rayonier Advanced Materials Inc.
Some investors are walking away from owning Rayonier after the fourth-quarter and 2017 guidance emphasized continued pricing headwinds.
While the stock is plunging today, this is likely a move that pays off for investors in a more financially stable future.
Strong earnings and guidance helped this materials company record a strong month.
Better-than-expected earnings caused a pop, but it's guidance that got investors really excited.