Investing.com - Rayonier Advanced Materials reported on Monday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Rayonier Advanced Materials announced earnings per share of $0.270 on revenue of $466.0M. Analysts polled by Investing.com EPS of $0.083 on revenue of $418.42M.
Rayonier Advanced Materials 's are up 6.41% and is trading at $7.140 , still down 0.70% from its 52 week high of $7.19 set on Friday, November 4, 2022.
Rayonier Advanced Materials follows other major Materials sector earnings this month
Rayonier Advanced Materials's report follows an earnings beat by Air Products on Thursday, who reported EPS of $2.89 on revenue of $3.57B, EPS of $2.77 on revenue of $3.21B.
Sherwin-Williams had beat expectations on Tuesday, October 25, 2022 with third quarter EPS of $2.83 on revenue of $6.05B, for EPS of $2.59 on revenue of $5.81B.
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