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Stock impact report

Sylvamo Corporation (SLVM) Stock Falls Amid Market Uptick: What Investors Need to Know [Yahoo! Finance]

Sylvamo Corporation (SLVM) 
Company Research Source: Yahoo! Finance
The stock fell short of the S&P 500, which registered a gain of 0.32% for the day. Meanwhile, the Dow experienced a rise of 0.38%, and the technology-dominated Nasdaq saw an increase of 0.35%. The the stock of company has risen by 2.14% in the past month, leading the Basic Materials sector's loss of 0.53% and the S&P 500's loss of 2%. The upcoming earnings release of Sylvamo Corporation will be of great interest to investors. The company's earnings report is expected on May 10, 2024. On that day, Sylvamo Corporation is projected to report earnings of $1.05 per share, which would represent a year-over-year decline of 58.17%. Any recent changes to analyst estimates for Sylvamo Corporation should also be noted by investors. These recent revisions tend to reflect the evolving nature of short-term business trends. As a result, we can interpret positive estimate revisions as a good sign for the company's business outlook. Based on our research, we believe these estimate revisions ar Show less Read more
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