First Quarter 2024 Earnings April 25, 2024 Forward-Looking Statements Certain statements in this press release 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,” “confide ...

Exhibit 99.1 News Release International Paper Reports First Quarter 2024 Results MEMPHIS, Tenn. – April 25, 2024 – International Paper (NYSE: IP) today reported first quarter 2024 financial results. FIRST QUARTER 2024 HIGHLIGHTS • First quarter net earnings of $56 million ($0.16 per diluted share) • First quarter adjusted operating earnings (non-GAAP) of $61 million ($0.17 per diluted share) • First quarter results negatively impacted by approximately $52 million (pre-tax) due to January freeze and Ixtac, M ...

International Paper Company (IP) is scheduled to report first-quarter 2024 results before the opening bell on Apr 25.Q1 EstimatesThe Zacks Consensus Estimate for IP’s first-quarter sales is pegged at $4.45 billion, suggesting an 11.4% fall from the year-ago quarter’s reported figure.The consensus mark for earnings is pegged at 22 cents per share, indicating a year-over-year slump of 58.5%. Earnings estimates have moved up 5% in the past 30 days.Q4 PerformanceIn the last reported quarter, International Paper ...

The Manufacturing Institute Honored International Paper's Sarah DaleMEMPHIS, Tenn., April 19, 2024 /PRNewswire/ -- The Manufacturing Institute—the workforce development and education affiliate of the National Association of Manufacturers—announced that Sarah Dale, plant general manager at International Paper (NYSE: IP) has been recognized as a 2024 Women MAKE Awards.Experience the full interactive Multichannel News Release here: https://www.multivu.com/players/English/9262851-international-paper-women-make- ...

International Paper Company (IP) has confirmed that it has entered into an agreement to acquire the entire issued share capital of DS Smith (DITHF) . This marks a strategic move to strengthen its corrugated packaging business in Europe and prioritize sustainable packaging. The buyout is expected to be accretive to IP’s earnings in the first year of closure and provide at least $514 million of pre-tax cash synergies on an annual run-rate basis by the end of the fourth year following the close.The offer value ...

NEW YORK, April 17, 2024 (GLOBE NEWSWIRE) -- Kuehn Law, PLLC, a shareholder litigation law firm, is investigating potential claims related to the below-listed proposed mergers. Kuehn Law may seek additional disclosures or other relief on behalf of the shareholders of these companies. Kuehn Law is investigating whether the Boards of the below companies 1) acted to maximize shareholder value, 2) failed to disclose material information, and 3) conducted a fair process: NuStar Energy has agreed to be acquired b ...

Creates Significant Shareholder Value and a Global Leader in Sustainable Packaging Solutions with a Focus on Attractive and Growing North American and European Regions Strengthens Customer Value Proposition Through Enhanced Offerings, Innovation and Geographic Reach Expected to Achieve Significant Synergies of At Least $514 Million EPS Accretive in Year One with a Strong Investment-Grade Balance Sheet Shared Commitment to Sustainability and Responsible Growth MEMPHIS, Tenn., April 16, 2024 /PRNewswire/ -- ...

Yuji SakaiInternational Paper Company (NYSE:IP) shows a 4.7% dividend yield and recent recommendations from investment banks. IP appears to be making significant transformations that include sale of assets and restructuring, which could accelerate with the recently elected CEO. In addition, I think that further repurchases of its own shares and reduction in the share count could bring significant demand for the stock. I did see some risks from failed reduction in the debt/EBITDA level, supply chain issu ...

International Paper (IP) shares soared 11% in the last trading session to close at $38.77. The move was backed by solid volume with far more shares changing hands than in a normal session. This compares to the stock's 2.4% loss over the past four weeks.International Paper witnessed a significant increase in its share value following the announcement of Andrew Silvernail being appointed as the next Chief Executive Officer. Silvernail, who boasts two decades of leadership experience in both manufacturing and ...

Key TakeawaysInternational Paper's board chose Andrew Silvernail to be the company's new chief executive, replacing Mark Sutton, who has held the post since 2014 and will remain chairman of the board.Silvernail previously served as an executive advisor at investment firm KKR, and was also CEO of Madison Industries and IDEX Corporation.The news sent shares of International Paper to their highest level in more than a year. International Paper (IP) was the top-performing stock in the S&P 500 Tuesday as the pac ...