Sylvamo Corp expected to post earnings of $1.03 a share - Earnings Preview

Sylvamo

08/05/2024 14:05

* Sylvamo Corp  SLVM.N   SLVM.K  is expected to show a fall
in
quarterly revenue when it reports  results on May 10 for the
period ending March 31 2024
    * The Memphis Tennessee-based  company is expected to report
a
9.9% decrease in revenue to $864.38 million from $959 million a
year ago, according to the mean estimate from 2 analysts, based
on LSEG data.
    * ​LSEG's mean analyst estimate for Sylvamo Corp is for
earnings
of $1.03 per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Sylvamo
Corp is
$62.00​, below​ its last closing price of $66.17. ​​​

This summary was machine generated May 8 at 13:05 GMT.  All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)