Company News: Intl Paper (IP) posts Q2 financials in line with analysts' estimates

Market news

27 July 2017

Company News: Intl Paper (IP) posts Q2 financials in line with analysts' estimates

Intl Paper (IP) reported Q2 FY 2017 earnings of $0.65 per share (versus $0.92 in Q2 FY 2016), in-line with analysts' consensus estimate.

The company's quarterly revenues amounted to $5.772 bln (+8.5% y/y), generally in-line with analysts' consensus estimate of $5.720 bln.

IP closed Wednesday's trading session at $56.39 (-0.9%).

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