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

Market news

26 April 2018

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

Int'l Paper (IP) reported Q1 FY 2018 earnings of $0.94 per share (versus $0.60 in Q1 FY 2017), beating analysts' consensus estimate of $0.89.

The company's quarterly revenues amounted to $5.621 bln (+9.5% y/y), beating analysts' consensus estimate of $5.483 bln.

IP closed Wednesday's trading session at $53.48 (+1.36%).

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