earnings
confidence high
sentiment positive
materiality 0.80
Sylvamo Q3 net income $92M ($2.09/share); adjusted EBITDA $177M; guides Q4 adj EBITDA $140-150M
Sylvamo Corp
2022-Q3 EPS reported
$6.10
revenue$2,530,000,000
- Q3 net income $92M ($2.09 pro forma share); adjusted operating earnings $100M ($2.27 per share).
- Adjusted EBITDA $177M (19.5% margin), up from $124M in Q2 2021 and $104M in Q3 2020.
- Segment operating profit: Europe $40M, Latin America $44M, North America $53M; all improved YoY.
- Q4 outlook: adj EBITDA $140-150M, adj operating EPS $1.20-1.40; price/mix improvement expected.
- Gross debt-to-adjusted EBITDA ratio at 2.8x; repaid $30M debt on Oct 29.