International Paper (IP) Tops Q4 EPS by 8c
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International Paper Reports Fourth Quarter and Full-Year 2017 Earnings
February 1, 2018 6:59 AM ESTMEMPHIS, Tenn., Feb. 1, 2018 /PRNewswire/ -- International Paper (NYSE: IP) today reported full-year 2017 net earnings attributable to International Paper of $2.1 billion ($5.13 per diluted share) compared with net earnings of $904 million ($2.18 per diluted share) for full-year 2016. In the fourth quarter of 2017, the Company reported net earnings of $1.5 billion ($3.50 per diluted share) compared with $218 million ($0.53 per diluted share) in the fourth quarter of 2016. Fourth quarter and full-year 2017 net earnings included a provisional net tax benefit of $1.2 billion ($2.93 per diluted share) related to the U.S. enactment of the Tax... More
