International Paper Company (IP) reported first-quarter 2024 adjusted earnings of 17 cents per share, missing the Zacks Consensus Estimate of 23 cents by a margin of 26%. The bottom line slumped 68% year over year due to a decline in volumes in corrugated packaging, as well as lower prices in both Industrial Packaging and Global Cellulose Fibers segments. Including one-time items, the company posted earnings per share of 16 cents from continuing operations in first-quarter 2024 compared with 49 cents in the ...