International Paper Company (NYSE: IP) reported Q2 EPS of $1.06, in-line with the analyst estimate of $1.06. Revenue for the quarter came in at $5.62 billion versus the consensus estimate of $5.62 billion.

"International Paper delivered solid earnings growth and strong cash generation in the second quarter," said Mark Sutton, Chairman and Chief Executive Officer. "Commercially, we achieved strong revenue growth, while executing well in a very challenging supply chain and input cost environment. Looking ahead to the third quarter, we expect demand to remain strong and margins to expand meaningfully as realization of prior price movements outpaces input and transportation costs, and we step down from our highest maintenance outage quarter."

Sutton added, "We continue to make excellent progress on the spin-off of our papers business, which we expect to complete on October 1st. Our team is doing an outstanding job managing complexity. I appreciate their commitment to execute well and take care of each other and our customers as we work together to build a better IP.

For earnings history and earnings-related data on International Paper Company (IP) click here.