Curious about International Paper (IP) Q2 Performance? Explore Wall Street Estimates for Key Metrics

Core Insights - The upcoming earnings report for International Paper (IP) is anticipated to show quarterly earnings of $0.38 per share, reflecting a 30.9% decline year-over-year, while revenues are forecasted to reach $6.77 billion, indicating a 43% increase compared to the previous year [1] - Analysts have revised the consensus EPS estimate down by 1.5% over the last 30 days, suggesting a reevaluation of initial projections [1][2] Financial Metrics - The consensus estimate for 'Net Sales- Global Cellulose Fibers' is projected at $650.42 million, representing a 9.3% decrease from the prior-year quarter [3] - 'Net Sales- Corporate and Inter-segment' is expected to be $63.94 million, indicating a 25.7% decline from the previous year [4] - Analysts predict a 'Segment Operating Profit (Loss)- Global Cellulose Fibers' of -$3.83 million, contrasting sharply with the year-ago figure of $31.00 million [4] Stock Performance - International Paper shares have increased by 18.5% over the past month, outperforming the Zacks S&P 500 composite, which rose by 3.6% [4] - The company holds a Zacks Rank of 3 (Hold), suggesting it is expected to closely follow overall market performance in the near term [4]