Sylvamo Q3 net income rises to $95 million; Q4 adjusted EBITDA outlook $150M-$165M
Sylvamo reported third-quarter 2024 results that improved from the second quarter, with net sales of $965 million, net income of $95 million and diluted EPS of $2.27. The company also expects fourth-quarter 2024 adjusted EBITDA of $150 million to $165 million, below the $193 million reported for the third quarter, and says it will return at least 40% of free cash flow to shareowners this year.
Key points
- Net sales $965 million vs. $933 million in Q2; net income $95 million ($2.27 per diluted share) vs. $83 million ($1.98).
- Adjusted EBITDA $193 million (20% margin) vs. $164 million (18% margin) in Q2; free cash flow $119 million vs. $62 million.
- Q4 2024 adjusted EBITDA outlook of $150 million to $165 million, including an $8 million operating expense for a planned turbine generator maintenance event at the Eastover, South Carolina, mill.
- Q3 included a $7 million after-tax net special items charge ($0.17 per diluted share).
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 6:58 AM ET, from the text of the filing and its press-release exhibits only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on November 12, 2024.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.