• Company News: Intl Paper (IP) Q3 results miss analysts’ estimates

Market news

27 October 2016

Company News: Intl Paper (IP) Q3 results miss analysts’ estimates

Intl Paper reported Q3 FY 2016 earnings of $0.91 per share (versus $0.97 in Q3 FY 2015), missing analysts' consensus estimate of $0.93.

The company's quarterly revenues amounted to $5.266 bln (-7.5% y/y), missing analysts' consensus estimate of $5.366 bln.

IP closed Wednesday's trading session at $46.16 (-0.94%).

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