NYSE$SLVM

Sylvamo Corp. · Q4 2024 earnings

Q4 2024 earnings · · Before market open · Investor relations

Briefing

Sylvamo reported Q4 2024 net income of $81 million with adjusted operating earnings of $82 million. Revenue reached $970 million, while free cash flow was $100 million. The company faced pricing pressures in Europe but benefited from improved volumes in Latin America.

Headline financials

Total Revenue

$970M

Previous: $964M+0.6%
EPS (adj)

$1.96

Previous: $1.16+69.0%
Free Cash Flow

$100M

Previous: $104M-3.8%
Net Income

$81M

Previous: $49M+65.3%
Operating Income

$109M

Previous: $77M+41.6%

Revenue & EPS history

Sylvamo · Revenue · Quarterly

$970M

Q4 2024+0.6%vs Q4 2023
Beat estimate in 9 of 15 quarters(60%)
ActualEstimate

Revenue by segment

Sylvamo · $906M total across 3 segments · Q3 2023

  • North America
    $476M-19.2%
  • Latin America
    $246M-8.9%
  • Europe
    $184M+41.5%

Forward guidance

Sylvamo expects earnings to improve throughout 2025 with seasonally stronger demand, implemented price increases, and reduced maintenance costs in the second half of the year.

Tailwinds

  • Projected adjusted EBITDA of $85M to $105M in Q1 2025
  • Price increases in North America and Brazil to offset declines in Europe
  • Expected lower maintenance outage expenses in the second half of the year
  • Continued investments in high-return capital projects to enhance capabilities
  • Structural cost reduction initiatives yielding significant savings

Headwinds

  • Price and mix expected to decrease by $10M to $15M due to declines in Europe and Brazil
  • Seasonally weak Q1 demand expected in Latin America
  • Volume projected to decline by $20M to $25M due to seasonality and the Georgetown mill exit
  • Operating costs expected to remain stable or increase by up to $5M
  • Planned maintenance outage expenses to increase by $15M

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q4 2024

Historical avgQ4 2024

+1.2%

Avg return

Earnings day

+2.5%

Avg return

5 days after

+2.1%

Avg return

30 days after

59%

13 / 22 earnings

Positive

+23.3%

Q4 2023

Best reaction

-17.0%

Q2 2023

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-3.2%-12.5%-12.3%
Q4 2025+5.1%-9.5%-20.3%
Q3 2025+0.1%+8.7%+13.1%
Q1 2025-12.6%-6.1%-10.6%
Q4 2024-7.3%-5.2%-14.1%
Q3 2024-14.7%-11.4%-6.5%
Q2 2024+11.3%+13.0%+10.3%
Q1 2024+2.7%+6.1%+6.0%
Q4 2023+23.3%+20.8%+24.7%
Q3 2023+7.4%+10.5%+18.4%
Q2 2023-17.0%-16.4%-15.6%
Q1 2023-7.9%-7.3%-5.2%
Q4 2022-1.3%-1.1%+2.9%
Q3 2022+8.4%+13.7%+32.3%
Q2 2022+3.0%+4.9%-8.0%
Q1 2021+6.7%+8.7%+4.1%
Q1 2022+14.4%+20.7%+19.4%
Q2 2021-5.0%-8.8%+1.5%
Q4 2019-5.0%-8.8%+1.5%
Q4 2021+7.1%+13.6%-2.9%
Q4 2020+6.5%+10.1%+1.3%
Q3 2021+4.2%+11.0%+5.6%
Q3 2020
Q2 2020
Q1 2020

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