earnings
confidence high
sentiment positive
materiality 0.75
Sylvamo Q3 net income $95M, adjusted EBITDA $193M (20% margin), Q4 adj EBITDA guidance $150-165M
Sylvamo Corp
2024-Q3 EPS reported
$5.26
revenue$2,803,000,000
- Net income of $95M ($2.27 diluted EPS); adjusted EPS $2.44 vs $1.98 prior quarter.
- Adjusted EBITDA $193M (20% margin) vs $164M (18%) in Q2; free cash flow $119M vs $62M.
- Q4 adjusted EBITDA guidance $150-165M; management cites capacity reductions and improving demand.
- Terminating supply agreement with International Paper's Georgetown mill effective Dec 31, 2024.
- Year-to-date share repurchases $30M; $120M remaining on $150M authorization; dividend $0.45 paid Oct 17.