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 ...

International Paper Company (IP) is scheduled to report fourth-quarter 2023 results, before the opening bell, on Feb 1.Q4 EstimatesThe Zacks Consensus Estimate for IP’s fourth-quarter sales is pegged at $4.68 billion, suggesting an 8.8% fall from the prior-year quarter’s reported figure. The consensus mark for earnings is pegged at 34 cents per share, indicating a year-over-year slump of 61%. Earnings estimates have remained unchanged in the past 30 days.Q3 PerformanceIn the last reported quarter, Internati ...

Wall Street analysts expect International Paper (IP) to post quarterly earnings of $0.34 per share in its upcoming report, which indicates a year-over-year decline of 60.9%. Revenues are expected to be $4.68 billion, down 8.8% from the year-ago quarter.Over the past 30 days, the consensus EPS estimate for the quarter has remained unchanged. This demonstrates the covering analysts' collective reassessment of their initial projections during this period.Ahead of a company's earnings disclosure, it is crucial ...

The market expects International Paper (IP) to deliver a year-over-year decline in earnings on lower revenues when it reports results for the quarter ended December 2023. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates.The earnings report, which is expected to be released on February 1, 2024, might help the stock move higher if these key numb ...

MEMPHIS, Tenn., Jan. 9, 2024 /PRNewswire/ -- International Paper (NYSE: IP) today declared a quarterly dividend of $0.4625 per share for the period from January 1, 2024, to March 31, 2024, inclusive, on the common stock, par value $1.00, of the Company, payable on March 15, 2024, to holders of record at the close of business on February 22, 2024. Today, the company also declared a quarterly dividend of $1.00 per share for the period from January 1, 2024, to March 31, 2024, inclusive, on the cumulative $4.00 ...

Here are two stocks with buy rank and strong income characteristics for investors to consider today, January 4th:Outfront Media Inc. (OUT) : This leading provider of OOH advertising space in key markets has witnessed the Zacks Consensus Estimate for its current year earnings increasing 0.6% over the last 60 days.This Zacks Rank #1 company has a dividend yield of 8.5%, compared with the industry average of 4.3%.International Paper Company (IP) : This renewable fiber-based packaging and pulp products company ...

Looking for a stock that has been consistently beating earnings estimates and might be well positioned to keep the streak alive in its next quarterly report? International Paper (IP) , which belongs to the Zacks Paper and Related Products industry, could be a great candidate to consider.This global paper and packaging company has seen a nice streak of beating earnings estimates, especially when looking at the previous two reports. The average surprise for the last two quarters was 24.48%.For the last report ...

Two factors often determine stock prices in the long run: earnings and interest rates. Investors can't control the latter, but they can focus on a company's earnings results every quarter.Life and the stock market are both about expectations, and rising above what is expected is often rewarded, while falling short can come with negative consequences. Investors might want to try to capture stronger returns by finding positive earnings surprises.The ability to identify stocks that are likely to top quarterly ...