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

Market news

31 January 2019

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

Int'l Paper (IP) reported Q4 FY 2018 earnings of $1.65 per share (versus $1.27 in Q4 FY 2017), beating analysts’ consensus estimate of $1.59.

The company’s quarterly revenues amounted to $5.951 bln (+4.2% y/y), generally in line with analysts’ consensus estimate of $5.950 bln.

IP rose to $47.68 (+0.78%) in pre-market trading.

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