International Paper Co. reported Q1 FY 2016 earnings of $0.80 per share (versus $0.84 in Q1 FY 2015), beating analysts' consensus of $0.69.
The company's quarterly revenues amounted to $5.110 bln (-7.4% y/y), missing consensus estimate of $5.201 bln.
IP closed yesterday's trading session at $43.37 (+1.21%).