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

Market news

25 July 2019

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

Int'l Paper (IP) reported Q2 FY 2019 earnings of $1.15 per share (versus $1.19 in Q2 FY 2018), beating analysts’ consensus estimate of $1.00.

The company’s quarterly revenues amounted to $5.667 bln (-2.8% y/y), missing analysts’ consensus estimate of $5.771 bln.

IP fell to $43.66 (-1.04%) in pre-market trading.

German finance minister Scholz: We will have better growth next year

ECB maintains its main refinancing rate at 0.00%, as widely expected

Market Focus

Material posted here is solely for information purposes and reliance on this may lead to losses. Past performances are not a reliable indicator of future results. Please read our full disclaimer

Open Demo Account & Personal Page

Personal area

support@teletradepartners.com

Risk Warning: Trading in the financial markets (including trading on margin) provides a wide range of opportunities and enables investors ready to take risks to make high profits, but it carries a potentially high level of risk of loss. Therefore, prior to trading you should take into careful consideration whether such operations are suitable for you in terms of your level of knowledge and financial situation.