International Paper(IP)
Search documents
Reasons to Retain International Paper Stock in Your Portfolio
ZACKS· 2024-12-30 18:01
International Paper Company (IP) is gaining from growth initiatives and ongoing investments to boost capacity and acquisitions.IP is expected to see volume growth in its Industrial Packaging segment in the fourth quarter of 2024 and thereafter. This will be driven by stable demand in the e-commerce channel and strong momentum in the food and beverage sectors.Let us delve deeper and analyze the factors that make the IP stock worth holding on to at present.International Paper’s DS Smith Acquisition DealIP ent ...
International Paper: Self-Help And An Improving Market Enable Further Upside
Seeking Alpha· 2024-11-29 12:38
Shares of International Paper (NYSE: IP ) have been a strong performer over the past year, gaining over 70% as its business has shown signs of gaining momentum. Adding to the optimism, IP is considering strategic alternatives, which could enable moreOver fifteen years of experience making contrarian bets based on my macro view and stock-specific turnaround stories to garner outsized returns with a favorable risk/reward profile. If you want me to cover a specific stock or have a question for an article, just ...
International Paper Chairman and CEO to Speak at the Citi 2024 Basic Materials Conference
Prnewswire· 2024-11-22 14:00
MEMPHIS, Tenn., Nov. 22, 2024 /PRNewswire/ -- International Paper Chairman and Chief Executive Officer Andy Silvernail will speak at the Citi 2024 Basic Materials Conference on December 4, 2024. The presentation is scheduled to begin at 8 a.m. Eastern time and will be followed by a question-and-answer session.All interested parties are invited to listen to the webcast via the company's website by clicking on the Investors tab and going to the Events & Presentations page at https://www.internationalpaper.com ...
International Paper(IP) - 2024 Q3 - Quarterly Report
2024-11-01 20:40
Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Quarterly Period Ended September 30, 2024 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Transition Period From to | --- | --- | |-----------------------------------------------------------------------------------------------------------|------------------------ ...
International Paper Q3 Earnings Top Estimates, Down Y/Y on Low Volumes
ZACKS· 2024-10-31 18:36
International Paper Company (IP) reported third-quarter 2024 adjusted earnings of 44 cents per share, which surpassed the Zacks Consensus Estimate of 24 cents by 83%. IP’s bottom line, however, plunged 31%, reflecting lower year-over-year volumes in the Industrial Packaging and Global Cellulose Fibers segments, somewhat offset by elevated prices. The decline in volume was per the company’s expectations, owing to seasonality and commercial contract restructuring. Earnings were also impacted by higher operati ...
International Paper(IP) - 2024 Q3 - Earnings Call Transcript
2024-10-31 17:25
International Paper Company (NYSE:IP) Q3 2024 Earnings Conference Call October 31, 2024 10:00 AM ET Company Participants Mark Nellessen - Vice President of Investor Relations Andrew Silvernail - Chairman and Chief Executive Officer Timothy Nicholls - Senior Vice President and Chief Financial Officer Conference Call Participants Philip Ng - Jefferies LLC Michael Roxland - Truist Securities, Inc. Mark Weintraub - Seaport Research Partners Matthew McKellar - RBC Capital Markets Charlie Muir-Sands - BNP Paribas ...
International Paper (IP) Q3 Earnings: How Key Metrics Compare to Wall Street Estimates
ZACKS· 2024-10-31 14:36
For the quarter ended September 2024, International Paper (IP) reported revenue of $4.69 billion, up 1.6% over the same period last year. EPS came in at $0.44, compared to $0.64 in the year-ago quarter.The reported revenue represents a surprise of +0.37% over the Zacks Consensus Estimate of $4.67 billion. With the consensus EPS estimate being $0.24, the EPS surprise was +83.33%.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determ ...
International Paper(IP) - 2024 Q3 - Earnings Call Presentation
2024-10-31 13:55
Third Quarter 2024 Earnings October 31, 2024 Forward-Looking Statements Certain statements in this presentation that are not historical in nature may be considered "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995, as amended. Forwardlooking statements can be identified by the use of forward-looking or conditional words such as "expects," "anticipates," "believes," "estimates," "could," "should," "can," "forecast," "intend," "look," "may," "will," "remai ...
International Paper (IP) Surpasses Q3 Earnings and Revenue Estimates
ZACKS· 2024-10-31 13:40
International Paper (IP) came out with quarterly earnings of $0.44 per share, beating the Zacks Consensus Estimate of $0.24 per share. This compares to earnings of $0.64 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 83.33%. A quarter ago, it was expected that this global paper and packaging company would post earnings of $0.40 per share when it actually produced earnings of $0.55, delivering a surprise of 37.50%.Over the las ...
International Paper(IP) - 2024 Q3 - Quarterly Results
2024-10-31 11:37
Exhibit 99.1 News Release International Paper Reports Third Quarter 2024 Results MEMPHIS, Tenn. – October 31, 2024 – International Paper (NYSE: IP) today reported third quarter 2024 financial results. THIRD QUARTER 2024 HIGHLIGHTS • Third quarter net earnings of $150 million ($0.42 per diluted share) • Third quarter adjusted operating earnings (non-GAAP) of $153 million ($0.44 per diluted share) • Third quarter cash provided by operations of $521 million and returned $161 million to shareholders in dividend ...