International Paper Co. (NYSE: IP) reported Q2 operating EPS of $0.95, $0.14 better than the analyst estimate of $0.81. Revenue for the quarter came in at $7.2 billion versus the consensus estimate of $7.45 billion.

"International Paper delivered strong results with increased volume and expanded margins in the face of relatively high input costs," said John Faraci, Chairman and Chief Executive Officer. "As we move into the second half of the year, the company is well positioned to improve earnings and free cash flow generation for the balance of 2014, despite a challenging global environment."

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