Second Quarter 2024 Earnings August 9, 2024 1 © 2024 Sylvamo Corporation. All rights reserved. The World's Paper Company Cautionary statement concerning forward-looking statements 2 This presentation contains information that includes or is based upon forward-looking statements. Forward-looking statements forecast or state expectations concerning future events. These statements often can be identified by the fact that they do not relate strictly to historical or current facts. They typically use words such ...

Sylvamo Corporation (NYSE:SLVM) Q2 2024 Earnings Conference Call August 9, 2024 10:00 AM ET Company Participants Hans Bjorkman - VP, IR Jean-Michel Ribieras - Chairman and CEO John Sims - SVP and CFO Conference Call Participants Cole Hathorn - Jefferies Matthew McKellar - RBC Capital Markets George Staphos - Bank of America Operator Good morning. Thank you for standing by. Welcome to Sylvamo's Second Quarter 2024 Earnings Call. All lines have been placed on mute to prevent any background noise. After the sp ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 ________________ Title of each class Trading Symbol(s) Name of each exchange on which registered Common Stock, par value $1.00 per share SLVM New York Stock Exchange ________________ FORM 10-Q ________________ ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Quarterly Period Ended June 30, 2024 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For ...

Exhibit 99.1 NEWS RELEASE Sylvamo Quarterly Results Exceed Outlook MEMPHIS, Tenn. – Aug. 9, 2024 – Sylvamo (NYSE: SLVM), the world's paper company, is releasing second quarter 2024 earnings. Financial Highlights – Second Quarter vs. First Quarter Commercial and Operational Highlights – Second Quarter vs. First Quarter Third Quarter Outlook • Adjusted EBITDA of $170 million to $185 million • Compared to the second quarter: ◦ Price and mix are expected to be slightly unfavorable up to $5 million due to mix ◦ ...

Momentum investing is all about the idea of following a stock's recent trend, which can be in either direction. In the 'long' context, investors will essentially be "buying high, but hoping to sell even higher." And for investors following this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving in that direction. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades. Bel ...

Have you been paying attention to shares of Sylvamo Corporation (SLVM) ? Shares have been on the move with the stock up 2.4% over the past month. The stock hit a new 52-week high of $73.84 in the previous session. Sylvamo Corporation has gained 45.8% since the start of the year compared to the -1.1% move for the Zacks Basic Materials sector and the 10.3% return for the Zacks Paper and Related Products industry. What's Driving the Outperformance? The stock has a great record of positive earnings surprises, a ...

With net interest expense now nearly cut in half from the period right after the spin-off, management will be more and more comfortable diverting free cash flow elsewhere. Most recent earnings and guidance The first item that stood out to me from the Q1 24 eamings presentation was a negative quarter free cash flow versus highly positive Q4 2023 and the guidance for maintenance CAPEX. As free cash flow in simplistic terms is cash from operations less CAPEX, higher CAPEX when it is maintenance rather than gro ...

From a technical perspective, Sylvamo Corporation (SLVM) is looking like an interesting pick, as it just reached a key level of support. SLVM recently overtook the 20-day moving average, and this suggests a short-term bullish trend. The 20-day simple moving average is a popular investing tool. Traders like this SMA because it offers a look back at a stock's price over a shorter period and helps smooth out price fluctuations. The 20-day can also show more trend reversal signals than longer-term moving averag ...

Pgiam/iStock via Getty Images Investment Summary Following my last publication on Sylvamo (NYSE:SLVM), the stock has lifted 45% into the green and surpassed my previous valuation target of $55/share. Winding back the clock, in Q3 FY 2023, we advocated for the materials (alongside the industrial sector) as the most attractive S&P 500 sector on a price/value basis. It had 10% projected earnings growth with just 2% of the Index's weighting, making it the most attractive under this composite (Figure 1). Figure ...

Momentum investing is all about the idea of following a stock's recent trend, which can be in either direction. In the 'long' context, investors will essentially be "buying high, but hoping to sell even higher." And for investors following this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving in that direction. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades. Whi ...