Sylvamo Corporation

SLVM

US8713321029

Paper Products

Market Closed - Nyse Other stock markets 01:30:02 24/05/2024 am IST			5-day change	1st Jan Change
69.91 ^USD	-0.31%		-0.46%	+42.35%

17/05	Sylvamo Increases Quarterly Dividend to $0.45 a Share, Payable on July 29 to Shareholders of Record July 8	MT
17/05	Sylvamo Announces Quarterly Dividend for the Period of July 1, 2024, to Sept. 30, 2024, Payable on July 29, 2024	CI

Sylvamo Corporation Reports Earnings Results for the First Quarter Ended March 31, 2024

May 10, 2024 at 04:46 pm IST

Sylvamo Corporation reported earnings results for the first quarter ended March 31, 2024. For the first quarter, the company reported sales was USD 905 million compared to USD 941 million a year ago. Net income was USD 43 million compared to USD 97 million a year ago.

Basic earnings per share from continuing operations was USD 1.04 compared to USD 2.28 a year ago. Diluted earnings per share from continuing operations was USD 1.02 compared to USD 2.25 a year ago.

Latest news about Sylvamo Corporation

Sylvamo Increases Quarterly Dividend to $0.45 a Share, Payable on July 29 to Shareholders of Record July 8	18/05	MT
Sylvamo Announces Quarterly Dividend for the Period of July 1, 2024, to Sept. 30, 2024, Payable on July 29, 2024	18/05	CI
RBC Raises Price Target on Sylvamo to $63 From $56, Keeps Sector Perform Rating	13/05	MT
Transcript : Sylvamo Corporation, Q1 2024 Earnings Call, May 10, 2024	10/05
Sylvamo's Q1 Adjusted Operating Earnings, Revenue Fall	10/05	MT
Sylvamo Corporation Reports Earnings Results for the First Quarter Ended March 31, 2024	10/05	CI
Earnings Flash (SLVM) SYLVAMO Posts Q1 Revenue $905M, vs. Street Est of $864.4M	10/05	MT
Earnings Flash (SLVM) SYLVAMO Posts Q1 EPS $1.07, vs. Street Est of $1.03	10/05	MT
RBC Lifts Price Target on Sylvamo to $56 From $55, Keeps Sector Perform Rating	22/04	MT
Sylvamo Insider Sold Shares Worth $699,214, According to a Recent SEC Filing	20/03	MT
Sylvamo Insider Sold Shares Worth $769,509, According to a Recent SEC Filing	13/03	MT
Transcript : Sylvamo Corporation Presents at Bank of America Securities 2024 Global Agriculture and Materials Conference, Feb-28-2024 01:20 PM	28/02
RBC Raises Price Target on Sylvamo to $55 From $45, Keeps Sector Perform Rating	26/02	MT
Sylvamo Declares a Quarterly Dividend for the Period of April 1, 2024, to June 30, 2024, Payable on April 29, 2024	21/02	CI
Materials Extend Rally -- Materials Roundup	16/02	DJ
Transcript : Sylvamo Corporation, Q4 2023 Earnings Call, Feb 15, 2024	15/02
Sylvamo's Shares Rise; Q4 Adjusted Operating Earnings Decline, Revenue Gains	15/02	MT
Tranche Update on Sylvamo Corporation's Equity Buyback Plan announced on May 19, 2022.	15/02	CI
Earnings Flash (SLVM) SYLVAMO Reports Q4 Revenue $964M	15/02	MT
Earnings Flash (SLVM) SYLVAMO Reports Q4 EPS $1.16	15/02	MT
Sylvamo Corporation Reports Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2023	15/02	CI
Sylvamo Corporation Provides Earnings Guidance for the First Quarter Ended March 31, 2024	15/02	CI
Sylvamo Corporation Declares Quarterly Dividend for the Period of January 1, 2024, to March 31, 2024, Payable on January 25, 2024	16/12	CI
RBC Lifts Price Target on Sylvamo to $45 From $44, Keeps Sector Perform Rating	10/11	MT
Tranche Update on Sylvamo Corporation's Equity Buyback Plan announced on May 19, 2022.	09/11	CI

Chart Sylvamo Corporation

Duration

Period

More charts

Company Profile

Sylvamo Corporation is an uncoated papers company. The Companyâs segments include Europe, Latin America and North America. Europe segment produces a portfolio of uncoated freesheet papers for various uses and applications, and market pulp. The segment operates two integrated mills in the region, one in Saillat, France and one in Nymolla, Sweden. Latin American segmentâs operations is focused on uncoated freesheet paper, as well as market pulp through the ownership or management of approximately 250,000 acres of forestlands in Brazil and consists of three mills: two integrated mills in the State of Sao Paulo and one non-integrated mill in Mato Grosso do Sul. The North American segmentâs paper business manufactures uncoated freesheet papers at its mills in Eastover, South Carolina and Ticonderoga, New York and has offtake agreements to purchase the uncoated papers produced by International Paperâs Riverdale and Georgetown mills in Selma, Alabama and Georgetown, South Carolina.

Sector

Paper Products

Calendar

08/08/2024 - Q2 2024 Earnings Release (Projected)

Related indices

Russell 2000

More about the company

Income Statement Evolution

More financial data

Ratings for Sylvamo Corporation

Trading Rating

Investor Rating

ESG Refinitiv

C-

More Ratings

Analysts' Consensus

Sell

Buy

Mean consensus

OUTPERFORM

Number of Analysts

Last Close Price

69.91 USD

Average target price

67 USD

Spread / Average Target

-4.16%

Consensus

EPS Revisions

Estimates Revisions

Quarterly earnings - Rate of surprise

Company calendar

Sector Paper Mills & Products

	1st Jan change	Capi.
SYLVAMO CORPORATION	+42.35%	2.88B
SHANDONG SUNPAPER CO., LTD.	+23.91%	5.95B
PT PABRIK KERTAS TJIWI KIMIA TBK	+20.89%	1.71B
YFY INC.	-8.13%	1.55B
YUEYANG FOREST & PAPER CO., LTD.	-17.15%	1.25B
HANGZHOU HUAWANG NEW MATERIAL TECHNOLOGY CO.,LTD.	+22.52%	1.08B
SHANDONG BOHUI PAPER INDUSTRY CO.,LTD.	-5.64%	1.02B
CLEARWATER PAPER CORPORATION	+43.94%	866M
MCC MEILI CLOUD COMPUTING INDUSTRY INVESTMENT CO., LTD	-25.86%	815M
SHANYING INTERNATIONAL HOLDINGS CO.,LTD	-6.19%	773M

Paper Mills & Products