International Paper (IP) Q2 Earnings Surpass Estimates
IPInternational Paper(IP) ZACKS·2024-07-24 21:10

International Paper (IP) came out with quarterly earnings of 0.55pershare,beatingtheZacksConsensusEstimateof0.55 per share, beating the Zacks Consensus Estimate of 0.40 per share. This compares to earnings of 0.59pershareayearago.Thesefiguresareadjustedfornon−recurringitems.Thisquarterlyreportrepresentsanearningssurpriseof37.500.59 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 37.50%. A quarter ago, it was expected that this global paper and packaging company would post earnings of 0.23 per share when it actually produced earnings of $0.17, delivering a surprise of -26.09%.Over the la ...