Sylvamo reports Q2 adjusted EPS $1.98, consensus $1.58

Reports Q2 revenue $933M, consensus $937.55M. The company said, “In the second quarter, price and mix were favorable and input costs largely remained stable compared to last quarter. Uncoated freesheet conditions improved in the first half of the year, with year-over-year demand up in Europe and North America and down slightly in Latin America. After successfully completing our heaviest planned maintenance outage quarter of 2024, we have more than 70% of our annual planned maintenance outages behind us.”