Company News: Int'l Paper (IP) Q2 earnings beat analysts’ estimate

Market news

26 July 2018

Company News: Int'l Paper (IP) Q2 earnings beat analysts’ estimate

Int'l Paper (IP) reported Q2 FY 2018 earnings of $1.19 per share (versus $0.65 in Q2 FY 2017), beating analysts' consensus estimate of $1.10.

The company's quarterly revenues amounted to $5.833 bln (+8.4% y/y), generally in-line with analysts' consensus estimate of $5.800 bln.

IP rose to $53.50 (+0.87%) in pre-market trading.

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