Company News: Int'l Paper (IP) quarterly earnings beat analysts’ estimate

Market news

1 February 2018

Company News: Int'l Paper (IP) quarterly earnings beat analysts’ estimate

Int'l Paper (IP) reported Q4 FY 2017 earnings of $1.27 per share (versus $0.67 in Q4 FY 2016), beating analysts' consensus estimate of $1.19.

The company's quarterly revenues amounted to $5.711 bln (+14.2% y/y), missing analysts' consensus estimate of $6.006 bln.

IP closed Wednesday's trading session at $62.86 (-2.09%).

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