International Paper Reports First Quarter 2019 Results

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International Paper Company (IP) Tops Q1 EPS by 20c, Revenues Miss

April 25, 2019 7:10 AM EDT

International Paper Company (NYSE: IP) reported Q1 EPS of $1.11, $0.20 better than the analyst estimate of $0.91. Revenue for the quarter came in at $5.64 billion versus the consensus estimate of $5.73 billion.

HIGHLIGHTS

First quarter net earnings attributable to International Paper of $424 million ($1.05 per diluted share) compared with $316 million ($0.78... More