Sylvamo (NYSE: SLVM) reported Q4 EPS of $1.96, $0.16 better than the analyst estimate of $1.80. Revenue for the quarter came in at $970 million versus the consensus estimate of $965.41 million.

First Quarter Outlook

Adjusted EBITDA of $85 million to $105 million
Compared to the fourth quarter:

Price and mix are expected to decrease by $10 million to $15 million due to paper price decreases in Europe and in our Brazilian export regions, as well as seasonally unfavorable mix in Latin America. These decreases are projected to be partially offset by the realization of paper price increases communicated to customers in North America and Brazil in the fourth quarter.
Volume is projected to decrease by $20 million to $25 million, driven by the seasonally weakest demand quarter in Latin America and lower volume in North America from the Georgetown mill exit
Operations and other costs are expected to be stable to increasing up to $5 million
Input and transportation costs are projected to increase by $5 million to $10 million primarily due to seasonally higher energy prices in North America
Total planned maintenance outage expenses are expected to increase by $15 million

We expect quarterly earnings to improve throughout the year as we benefit from seasonally stronger volume and realize the price increases we are currently implementing. We also have less maintenance outage expenses in the second half of the year, with about 80% of our planned maintenance outages in the first half of the year.

For earnings history and earnings-related data on Sylvamo (SLVM) click here.