Sylvamo reports Q3 adjusted EPS $1.44, consensus $1.50

Reports Q3 revenue $846M, consensus $835.66M. The company said, “Our team delivered 7% sales volume growth quarter-over-quarter and improved operational performance in the third quarter. We also returned substantial cash to shareowners in the quarter, which included $42 million in share repurchases and $18 million in dividends,” said Jean-Michel Ribieras. “I am proud of how our teams executed and overcame some regional challenges by focusing on commercial and operational excellence as well as implementing strategic initiatives to reduce costs and strengthen our competitive position.”