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Market Impact: 0.35

Sylvamo Corporation (SLVM) Tops Q2 Earnings and Revenue Estimates

Corporate EarningsCompany FundamentalsAnalyst Estimates
Sylvamo Corporation (SLVM) Tops Q2 Earnings and Revenue Estimates

Sylvamo (SLVM) reported quarterly EPS of $0.03, beating the Zacks consensus by $0.17 (vs. a consensus loss of $0.14). Earnings also improved year over year from $0.37 to $0.03, indicating a large sequential/worsening comparison despite the estimate beat. The upside surprise modestly increases near-term support for the stock.

Analysis

Sylvamo (SLVM) reported quarterly EPS of $0.03, beating the Zacks consensus by $0.17 (vs. a consensus loss of $0.14). Earnings also improved year over year from $0.37 to $0.03, indicating a large sequential/worsening comparison despite the estimate beat. The upside surprise modestly increases near-term support for the stock.

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Market Sentiment

Overall Sentiment

mildly positive

Sentiment Score

0.25

Ticker Sentiment

SLVM0.45

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