Sylvamo Corp expected to post earnings of $2.40 a share - Earnings Preview

Sylvamo

05/05/2023 19:39

* Sylvamo Corp  SLVM.N   SLVM.K  is expected to show a rise
in
quarterly revenue when it reports  results on May 9. 
    * The Memphis Tennessee-based  company is expected to report
 a
5.7% increase in revenue to $1.033 billion from $977 million a
year ago, according to the mean estimate from 2 analysts, based
on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Sylvamo Corp is for
earnings of $2.40 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
$56.5​, above​ its last closing price of $44.07. ​​​

This summary was machine generated May 5 at 18:39 GMT.  All
figures in US dollars  unless otherwise stated