Sylvamo reports Q1 EPS 65c, consensus 69c

Reports Q1 revenue $821M, consensus $815.91M. The company said, “In the first quarter, we completed a heavy planned maintenance outage schedule in Europe and North America. The second quarter will be our heaviest outage quarter of the year, and by mid-year, we will have spent over 80% of the total annual planned maintenance outage costs.”