International Paper Reports Mixed Q4 Results

Comments
Loading...
  • International Paper Co IP reported a fourth-quarter FY21 sales growth of 14.5% year-on-year, to $5.09 billion, beating the analyst consensus of $5.07 billion.
  • Net sales from Industrial Packaging rose 12.8% Y/Y, Global Cellulose Fibres grew 19.7%, and Corporate and Inter-segment increased 62.8%.
  • Adjusted EPS of $0.78 missed the analyst consensus of $0.90.
  • Business segment operating income for the quarter rose 33.9% to $415 million, with the margin at 8.2%.
  • The company held $1.3 billion in cash and equivalents as of December 31, 2021. The cash provided by operating activities totaled $2 billion.
  • Price Action: IP shares traded lower by 2.77% at $46.00 on the last check Thursday.
IP Logo
IPInternational Paper Co
$46.900.34%

Stock Score Locked: Want to See it?

Benzinga Rankings give you vital metrics on any stock – anytime.

Reveal Full Score
Edge Rankings
Momentum
87.56
Growth
27.18
Quality
75.61
Value
51.73
Price Trend
Short
Medium
Long
Market News and Data brought to you by Benzinga APIs
Date
ticker
name
Actual EPS
EPS Surprise
Actual Rev
Rev Surprise

Posted In: