International Paper Reports Second Quarter 2020 Results

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Go back to International Paper Reports Second Quarter 2020 Results

International Paper Company (IP) Tops Q2 EPS by 38c, Revenues Miss

July 30, 2020 7:20 AM EDT

International Paper Company (NYSE: IP) reported Q2 EPS of $0.77, $0.38 better than the analyst estimate of $0.39. Revenue for the quarter came in at $4.87 billion versus the consensus estimate of $4.97 billion.

SECOND QUARTER 2020 HIGHLIGHTS

Second quarter net earnings (loss) attributable to International Paper of $266 million ($0.67 per diluted share), compared with $(141) million ($(0.36) per diluted share) in the first quarter of 2020 and $292 million ($0.73 per diluted share) in the second quarter of 2019. First... More