International Paper Company (IP) Tops Q4 EPS by 4c

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International Paper Reports Fourth Quarter and Full-Year 2018 Earnings

January 31, 2019 6:55 AM EST

MEMPHIS, Tenn., Jan. 31, 2019 /PRNewswire/ -- International Paper (NYSE: IP) today reported fourth quarter 2018 net earnings attributable to International Paper of $316 million ($0.78 per diluted share) compared with $562 million ($1.37 per diluted share) in the third quarter of 2018 and net earnings of $1.5 billion ($3.50 per diluted share) in the fourth quarter of 2017.  Full-year 2018 net earnings were $2.0 billion ($4.85 per diluted share) compared with net earnings of $2.1 billion ($5.13 per diluted share) for full-year 2017.  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.... More