Intl Paper (IP) reported Q1 FY 2017 earnings of $0.60 per share (versus $0.80 in Q1 FY 2016), beating analysts' consensus estimate of $0.56.
The company's quarterly revenues amounted to $5.511 bln (+7.8% y/y), beating analysts' consensus estimate of $5.443 bln.
IP closed Wednesday's trading session at $54.07 (+0.71%).