International Paper(IP)
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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 ...
International Paper Reports Third Quarter 2024 Results
Prnewswire· 2024-10-31 11:30
MEMPHIS, Tenn., Oct. 31, 2024 /PRNewswire/ -- 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 dividends"Our third quarter earnings are above our outlook," said Chairman and CEO And ...
International Paper Set to Report Q3 Earnings: What's in Store?
ZACKS· 2024-10-28 16:41
International Paper Company (IP) is scheduled to report third-quarter 2024 results on Oct. 31, before the opening bell. The Zacks Consensus Estimate for IP's third-quarter revenues is pegged at $4.67 billion, indicating 1.2% growth from the year-ago reported figure. The consensus estimate for earnings is pegged at 24 cents per share. The Zacks Consensus Estimate for IP's third-quarter earnings has remained constant in the past 60 days. The estimate indicates a year-over-year decline of 62.5%. | --- | --- | ...
International Paper (IP) Expected to Beat Earnings Estimates: Should You Buy?
ZACKS· 2024-10-24 15:06
The market expects International Paper (IP) to deliver a year-over-year decline in earnings on higher revenues when it reports results for the quarter ended September 2024. 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 stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be ...
International Paper to Release Third-Quarter 2024 Earnings on October 31, 2024
Prnewswire· 2024-10-15 11:30
MEMPHIS, Tenn., Oct. 15, 2024 /PRNewswire/ -- International Paper (NYSE: IP) will release third-quarter 2024 earnings on October 31, 2024, before the opening of the New York Stock Exchange.The company will host a webcast to discuss earnings and current market conditions, beginning at 10 a.m. ET (9 a.m. CT). 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/i ...
IP Gets Shareholders' Approval for DS Smith Acquisition, Stock Up
ZACKS· 2024-10-14 13:15
Shares of International Paper (IP) gained 3% on Friday following the announcement that its shareholders have voted in favor of the pending acquisition of DS Smith Plc (DITHF) . This deal will strengthen IP’s corrugated packaging business in Europe and prioritize sustainable packaging.At a special meeting of International Paper’s shareholders held on Friday, around 99% of the shareholders voted in favor of the acquisition. DS Smith had secured the approval of its shareholders earlier in the week. The acquisi ...