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.