Company News: Int'l Paper (IP) quarterly results miss analysts’ expectations

Market news

4 February 2021

Company News: Int'l Paper (IP) quarterly results miss analysts’ expectations

Int'l Paper (IP) reported Q4 FY 2020 earnings of $0.75 per share (versus $1.09 per share in Q4 FY 2019), missing analysts’ consensus estimate of $0.81 per share.

The company’s quarterly revenues amounted to $5.239 bln (-4.7% y/y), missing analysts’ consensus estimate of $5.303 bln.

IP rose to $51.00 (+0.75%) in pre-market trading.

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