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

Market news

30 January 2020

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

Int'l Paper (IP) reported Q4 FY 2019 earnings of $1.09 per share (versus $1.65 per share in Q4 FY 2018), beating analysts' consensus estimate of $1.03 per share.

The company's quarterly revenues amounted to $5.498 bln (-7.6% y/y), missing analysts' consensus estimate of $5.603 bln.

IP fell to $42.80 (-1.31%) in pre-market trading.

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