Sylvamo (SLVM) Reports Q3 EPS of $2.27

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Go back to Sylvamo (SLVM) Reports Q3 EPS of $2.27

Sylvamo Releases Third-Quarter Results with Strong Earnings and Cash Flow

November 10, 2021 7:00 AM EST

MEMPHIS, Tenn.--(BUSINESS WIRE)-- Sylvamo Corporation (NYSE: SLVM), the worlds paper company, released third-quarter 2021 earnings.

Message from the Chairman and Chief Executive Officer

We delivered strong earnings and significant cash in the quarter, said Jean-Michel Ribiéras. As we launch Sylvamo, we have good momentum for the fourth quarter and 2022. Our third-quarter adjusted EBITDA margin was 19.5%, reflecting strong performances by all three regions and lower maintenance outage costs. We project fourth-quarter adjusted EBITDA in the range of $140 to $150 million and adjusted operating earnings per share... More