---
schema_version: "secwatch.filing_event.v1"
accession: "0001856485-24-000014"
form_type: "8-K"
ticker: "SLVM"
cik: "0001856485"
company_name: "Sylvamo Corp"
filed_at: "2024-05-10T23:59:59+00:00"
generated_at: "2026-06-02T04:12:49.118146+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Sylvamo Q1 net income $43M ($1.02/sh), meets expectations; Q2 EBITDA guided $145-160M

## Summary
- Net income of $43M ($1.02 diluted EPS) vs $49M ($1.16) in Q4 2023 and $97M in prior-year Q1.
- Adj. EBITDA $118M (13% margin) vs $117M (12%) in Q4; Q2 guidance $145-160M.
- Revenue $905M, down from $964M in Q4 but slightly below $941M in Q1 2023.
- Repurchased $20M shares in Q1 2024, $130M remaining on $150M authorization; Q2 dividend $0.30/sh.
- Project Horizon cost savings on track; run-rate savings of $110M by end 2024.

## SEC filing metadata
- accession: 0001856485-24-000014
- form_type: 8-K
- ticker: SLVM
- cik: 0001856485
- company_name: Sylvamo Corp
- filed_at: 2024-05-10T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1856485/000185648524000014/0001856485-24-000014-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1856485/000185648524000014/syl-20240510.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001856485-24-000014
- JSON: https://secwatch.observer/filing/0001856485-24-000014.json
- Plain text: https://secwatch.observer/filing/0001856485-24-000014.txt

## Key facts
- Earnings Releases
  Sylvamo Corp reported the fiscal quarter ended March 31, 2024 results: revenue $905 million, net income $43 million ($1.02 per diluted share), EPS $1.02 per diluted share.
  - Period: the fiscal quarter ended March 31, 2024
  - Revenue: $905 million
  - Net income: $43 million ($1.02 per diluted share)
  - EPS: $1.02 per diluted share
  - Result: reported results
  source text: On May 10, 2024, Sylvamo Corporation issued a press release announcing its financial results for the fiscal quarter ended March 31, 2024.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1856485/000185648524000014/0001856485-24-000014-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.