Int'l Paper (IP) reported Q1 FY 2020 earnings of $0.57 per share (versus $1.11 per share in Q1 FY 2019), beating analysts' consensus estimate of $0.42 per share.
The company's quarterly revenues amounted to $5.352 bln (-5.2% y/y), roughly in line with analysts' consensus estimate of $5.315 bln.
IP closed Wednesday's trading session at $36.52 (+2.15%).