• Company News: International Paper Co. (IP) Q1 earnings beat analysts’ expectations

Market news

27 April 2016

Company News: International Paper Co. (IP) Q1 earnings beat analysts’ expectations

International Paper Co. reported Q1 FY 2016 earnings of $0.80 per share (versus $0.84 in Q1 FY 2015), beating analysts' consensus of $0.69.

The company's quarterly revenues amounted to $5.110 bln (-7.4% y/y), missing consensus estimate of $5.201 bln.

IP closed yesterday's trading session at $43.37 (+1.21%).

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