Sylvamo Corp reports results for the quarter ended in December - Earnings Summary

Sylvamo

10/02/2023 14:33

* Sylvamo Corp  SLVM.N  reported quarterly adjusted earnings
of
$1.97​​ per share for the quarter ended in December. The mean
expectation of two analysts for the quarter was for earnings of
$2.19 per share.
    * Revenue fell 4.6% to $927.00 million from a year ago;
analysts
expected $970.99 million. 
    * Sylvamo Corp's reported EPS for the quarter was $2.13​.
    * The mean earnings estimate of analysts had risen by
about 2.6%
in the last three months.​ 
    * In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
    * Sylvamo Corp shares had fallen by 2.2% this quarter.
    * The company reported quarterly net income of $94 million.
    * Wall Street's median 12-month price target for Sylvamo
Corp is
$59.00 
    * 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." 

This summary was machine generated from Refinitiv data February
10 at 02:32 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2022      2.19           1.97           Missed
 Sep. 30 2022      2.64           2.51           Missed
 Jun. 30 2022      2.02           2.02           Met
 Mar. 31 2022      1.82           1.97           Beat