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

Sylvamo

09/05/2023 14:32

* Sylvamo Corp  SLVM.N  reported quarterly adjusted earnings
of
$2.51​​ per share for the quarter ended in March. The mean
expectation of two analysts for the quarter was for earnings of
$2.40 per share.
    * Revenue fell 1.8% to $959.00 million from a year ago;
analysts
expected $1.03 billion. 
    * Sylvamo Corp's reported EPS for the quarter was $2.25​.
    * In the last 30 days, two analysts negatively revised
earnings
estimates 
    * Sylvamo Corp shares had fallen by 1.0% this quarter and
lost 5.7% so far this year.
    * Wall Street's median 12-month price target for Sylvamo
Corp is
$56.50 
    * 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 LSEG Refinitiv data May
9 at 01:32 p.m. UTC. ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Mar. 31 2023      2.40           2.51           Beat
 Dec. 31 2022      2.19           1.97           Missed
 Sep. 30 2022      2.64           2.51           Missed
 Jun. 30 2022      2.02           2.02           Met