International Paper (IP) Reports Q2 Earnings: What Key Metrics Have to Say
IPInternational Paper(IP) ZACKS·2024-07-24 22:35

For the quarter ended June 2024, International Paper (IP) reported revenue of 4.73billion,up1.14.73 billion, up 1.1% over the same period last year. EPS came in at 0.55, compared to 0.59intheyear−agoquarter.Thereportedrevenuerepresentsasurpriseof−0.790.59 in the year-ago quarter.The reported revenue represents a surprise of -0.79% over the Zacks Consensus Estimate of 4.77 billion. With the consensus EPS estimate being $0.40, the EPS surprise was +37.50%.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine t ...