Sylvamo (SLVM) reported Q3 adjusted operating earnings Tuesday of $2.44 per diluted share, up from $1.70 a year earlier.

Three analysts polled by Capital IQ expected $2.18.

Net sales for the quarter ended Sept. 30 were $965 million, up from $897 million a year earlier.

Three analysts surveyed by Capital IQ expected $960.5 million.

Shares of the company were down 3.6% in recent Tuesday premarket activity.