• Sylvamo Corp SLVM.N reported quarterly adjusted earnings of 37 cents​​ per share for the quarter ended June 30, lower than the same quarter last year, when the company reported EPS of $1.98. The mean expectation of three analysts for the quarter was for earnings of 44 cents per share. Wall Street expected results to range from 38 cents to 47 cents per share.

• Revenue fell 14.9% to $794.00 million from a year ago; analysts expected $828.07 million.

• Sylvamo Corp's reported EPS for the quarter was 37 cents​.

• Sylvamo Corp shares had fallen by 4.5% this quarter and lost 39.5% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 45.5% in the last three months.​

• In the last 30 days, two analysts negatively revised earnings estimates

RECOMMENDATIONS

• The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 1 "strong buy" or "buy," 1 "hold" and 1 "sell" or "strong sell." The average consensus recommendation for the paper products peer group is "buy."

• Wall Street's median 12-month price target for Sylvamo Corp is $64.00, about 25.2% above its last closing price of $47.84

This summary was machine generated from LSEG data August 8 at 02:22 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)