Sylvamo Corp reports results for the quarter ended September 30 - Earnings Summary

• Sylvamo Corp SLVM.N reported quarterly adjusted earnings of $2.44​​ per share for the quarter ended September 30, higher than the same quarter last year, when the company reported EPS of $1.70. The mean expectation of three analysts for the quarter was for earnings of $2.18 per share. Wall Street expected results to range from $2.12 to $2.22 per share.

• Revenue rose 7.6% to $965.00 million from a year ago; analysts expected $960.47 million.

• Sylvamo Corp's reported EPS for the quarter was $2.27​.

• Sylvamo Corp shares had risen by 11.2% this quarter and gained 94.3% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had risen by about 0.4% in the last three months.​

• In the last 30 days, one analyst negatively revised an earnings estimate

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 1 "strong buy" or "buy," 2 "hold" and no "sell" or "strong sell."

• The average consensus recommendation for the paper products peer group is also "buy"

Wall Street's median 12-month price target for Sylvamo Corp is $97.00

This summary was machine generated from LSEG data November 12 at 03:27 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)