International Paper (IP) Reports Next Week: Wall Street Expects Earnings Growth

Company Overview - International Paper (IP) is expected to report a year-over-year increase in earnings, with a projected EPS of $0.53, reflecting a +20.5% change, and revenues anticipated at $6.89 billion, up 47% from the previous year [3]. Earnings Expectations - The earnings report is scheduled for October 30, and the stock may rise if results exceed expectations, while a miss could lead to a decline [2]. - The consensus EPS estimate has been revised down by 6.45% over the last 30 days, indicating a bearish sentiment among analysts [4][12]. Earnings Surprise Prediction - The Most Accurate Estimate for International Paper is lower than the Zacks Consensus Estimate, resulting in an Earnings ESP of -0.63%, which complicates the prediction of an earnings beat [12]. - The company holds a Zacks Rank of 3 (Hold), suggesting a neutral outlook [12]. Historical Performance - In the last reported quarter, International Paper was expected to post earnings of $0.38 per share but only achieved $0.20, resulting in a surprise of -47.37% [13]. - Over the past four quarters, the company has beaten consensus EPS estimates twice [14]. Industry Comparison - Another player in the paper industry, Smurfit Westrock (SW), is expected to report earnings of $0.68 per share, indicating a year-over-year change of +41.7%, with revenues projected at $7.98 billion, up 4% [18]. - Smurfit Westrock's consensus EPS estimate has been revised down by 6.2% in the last 30 days, but it currently has a positive Earnings ESP of +2.94%, suggesting a higher likelihood of beating the consensus [19][20].