国际纸业股价强势上涨，业务分拆与财报表现引关注

Core Viewpoint - International Paper (IP.N) has shown strong stock performance recently, with a cumulative increase of 6.44% over the past week, significantly outperforming the Dow Jones index and the packaging and containers sector [1][2]. Recent Events - On January 29, 2026, International Paper announced a major business split plan, intending to separate its North American packaging solutions business from its Europe, Middle East, and Africa (EMEA) packaging business into two independent publicly traded companies. This process is expected to be completed within 12-15 months. The split is based on the integration and optimization of DS Smith's operations, aiming to enhance operational efficiency in each region. Following the announcement, the stock price saw a notable pre-market increase, with recent trends supported by this strategic restructuring [2]. Financial Report Analysis - The fourth-quarter financial report for 2025, released on January 29, 2026, indicated revenues of $6.01 billion, representing a year-over-year growth of 53.1%, exceeding market expectations. However, the adjusted earnings per share showed a loss of $0.08, falling short of analysts' expectations of a profit of $0.27, primarily due to non-cash goodwill impairment and restructuring costs. The company also provided a financial outlook for 2026, projecting adjusted EBITDA for continuing operations to be between $3.5 billion and $3.7 billion. Despite short-term profit pressures, the split plan and revenue growth have bolstered market confidence [3].