Sylvamo Posts $1.33 Third-Quarter Non-GAAP EPS, Beating Estimate by 20 Cents

Sylvamo Corporation posted third-quarter non-GAAP earnings per share of $1.33, exceeding the estimate by 20 cents, while revenue declined 2.6% year over year to $645 million.

Non-GAAP EPS is a per-share earnings measure calculated using a company's non-GAAP methodology. The company brought in $645 million in revenue, a 2.6% decline from the same quarter a year ago.