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

Sylvamo

10/11/2022 14:33

* Sylvamo Corp  SLVM.N  reported quarterly adjusted earnings
of
$2.51​​ per share for the quarter ended in September. The mean
expectation of two analysts for the quarter was for earnings of
$2.64 per share.
    * Revenue was $968.00 million​; analysts expected $908.19
million. 
    * Sylvamo Corp's reported EPS for the quarter was $1.28​.
    * The mean earnings estimate of analysts had risen by
about 52.6%
in the last three months.​ 
    * In the last 30 days there have been no negative revisions
of
earnings estimates 
    * Sylvamo Corp shares had risen by 26.0% this quarter and
gained 53.2% so far this year.
    * The company reported quarterly net income of $57 million.
    * Wall Street's median 12-month price target for Sylvamo
Corp is
$55.50 
    * 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 Refinitiv data November
10 at 02:33 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 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
 Dec. 31 2021      1.27           1.71           Beat