Sutton to continue as Chairman of the BoardMEMPHIS, Tenn., March 19, 2024 /PRNewswire/ -- International Paper (NYSE: IP) today announced that its board of directors has elected Andrew Silvernail as Chief Executive Officer (CEO), following an extensive evaluation process. Effective May 1, 2024, Silvernail will succeed Mark Sutton, who previously announced the final phase of the CEO succession process. Sutton will continue in his role as Chairman of the International Paper Board of Directors to ensure a smoot ...

Annual recognition highlights organizations that have demonstrated a commitment to business integrity through robust ethics, compliance, and governance programs MEMPHIS, Tenn., March 7, 2024 /PRNewswire/ -- International Paper (NYSE: IP), a global producer of sustainable packaging, pulp and other fiber-based products, received the 2024 World's Most Ethical Companies® recognition by Ethisphere, a global leader in defining and advancing the standards of ethical business practices. IP has been recognized for ...

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The Zacks Paper and Related Products industry is set to benefit from increased packaging needs, driven by rising e-commerce activities. Sustained demand from consumer-oriented sectors, such as food, beverages, and healthcare, lends further support. The industry's growth is propelled by the escalating consumer inclination toward paper as an environmentally friendly packaging choice amid rising environmental awareness.Key players, such as Suzano (SUZ) , International Paper (IP) , Klabin (KLBAY) and Sappi (SPP ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended 12/31/2023 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from - to - Commission File No. 1-3157 INTERNATIONAL PAPER COMPANY (Exact name of registrant as specified in its charter) New York 13-0872805 (State or other jurisdicti ...

Fourth Quarter & Full-Year 2023 Earnings 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. Forward-looking 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, “remain,” “confident,” ...

International Paper Co (NYSE:IP) Q4 2023 Earnings Conference Call February 1, 2024 10:00 AM ET Company Participants Mark Nellessen - VP, IR Mark Sutton - Chairman & CEO Timothy Nicholls - SVP & CFO Clay Ellis - SVP, Global Cellulose Fibers William Hamic - SVP, North American Container & Chief Commercial Officer Conference Call Participants Philip Ng - Jefferies Michael Roxland - Truist Securities Mark Weintraub - Seaport Research Partners George Staphos - Bank of America Merrill Lynch Matthew McKellar - RBC ...

International Paper Company (IP) reported fourth-quarter 2023 adjusted earnings of 41 cents per share, surpassing the Zacks Consensus Estimate of 34 cents by a margin of 21%. The bottom line slumped 53% year over year due to a decline in volumes in each of the categories, barring containerboard as well as lower prices in both Industrial Packaging and Global Cellulose Fibers.Including one-time items, the company posted a loss per share of 82 cents from continuing operations in fourth-quarter 2023 against ear ...

For the quarter ended December 2023, International Paper (IP) reported revenue of $4.6 billion, down 10.4% over the same period last year. EPS came in at $0.41, compared to $0.87 in the year-ago quarter.The reported revenue represents a surprise of -1.91% over the Zacks Consensus Estimate of $4.69 billion. With the consensus EPS estimate being $0.34, the EPS surprise was +20.59%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall S ...

International Paper (IP) came out with quarterly earnings of $0.41 per share, beating the Zacks Consensus Estimate of $0.34 per share. This compares to earnings of $0.87 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 20.59%. A quarter ago, it was expected that this global paper and packaging company would post earnings of $0.59 per share when it actually produced earnings of $0.64, delivering a surprise of 8.47%.Over the last ...