Sylvamo (NYSE:SLVM) Full Year 2024 Results

Key Financial Results

• Revenue: US$3.77b (up 1.4% from FY 2023).
• Net income: US$302.0m (up 19% from FY 2023).
• Profit margin: 8.0% (up from 6.8% in FY 2023).
• EPS: US$7.35 (up from US$6.02 in FY 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

Sylvamo EPS Beats Expectations

Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 1.6%.

The primary driver behind last 12 months revenue was the North America segment contributing a total revenue of US$2.03b (54% of total revenue). Notably, cost of sales worth US$2.83b amounted to 75% of total revenue thereby underscoring the impact on earnings. The largest operating expense was General & Administrative costs, amounting to US$311.0m (49% of total expenses). Explore how SLVM's revenue and expenses shape its earnings.

Looking ahead, revenue is expected to decline by 4.4% p.a. on average during the next 2 years, while revenues in the Forestry industry in the US are expected to grow by 3.0%.

Performance of the American Forestry industry.

The company's shares are down 1.3% from a week ago.

Valuation

Following the latest earnings results, Sylvamo may be undervalued based on 6 different valuation benchmarks we assess. Discover what analysts are forecasting and how the current share price shapes up by clicking here.

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