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

Sylvamo

09/08/2023 14:32

* Sylvamo Corp  SLVM.N  reported quarterly adjusted earnings
of
$1.14​​ per share for the quarter ended in June. The mean
expectation of two analysts for the quarter was for earnings of
$1.01 per share.
    * Revenue rose 0.8% to $919.00 million from a year ago;
analysts
expected $950.85 million. 
    * Sylvamo Corp's reported EPS for the quarter was $1.14​.
    * The mean earnings estimate of analysts had fallen by
about 6.9%
in the last three months.​ 
    * In the last 30 days, one analyst negatively revised an
earnings
estimate 
    * Sylvamo Corp shares had risen by 19.6% this quarter and
lost 0.4% so far this year.
    * Wall Street's median 12-month price target for Sylvamo
Corp is
$58.00 
    * The current average analyst rating on the shares is
"strong buy"
and the breakdown of recommendations is 2 "strong buy" or
"buy," no "hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data
August 9 at 01:32 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      1.01           1.14           Beat
 Mar. 31 2023      2.40           2.51           Beat
 Dec. 31 2022      2.19           1.97           Missed
 Sep. 30 2022      2.64           2.51           Missed