International Paper IP reported its Q2 earnings results on Thursday, July 28, 2022 at 07:00 AM.
Here's what investors need to know about the announcement.
Earnings
International Paper beat estimated earnings by 14.81%, reporting an EPS of $1.24 versus an estimate of $1.08.
Revenue was down $227.00 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.25 which was followed by a 2.53% drop in the share price the next day.
Here's a look at International Paper's past performance:
Quarter | Q1 2022 | Q4 2021 | Q3 2021 | Q2 2021 |
---|---|---|---|---|
EPS Estimate | 0.51 | 0.90 | 1.45 | 1.06 |
EPS Actual | 0.76 | 0.78 | 1.35 | 1.06 |
Revenue Estimate | 5.02B | 5.07B | 5.87B | 5.63B |
Revenue Actual | 5.24B | 5.09B | 5.71B | 5.62B |
To track all earnings releases for International Paper visit their earnings calendar here.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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