International Paper (IP) Q4 Earnings Top Estimates

International Paper (IP) came out with quarterly earnings of $0.41 per share, beating the Zacks Consensus Estimate of$ 0.34 per share. This compares to earnings of $0.87 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 20.59%. A quarter ago, it was expected that this global paper and packaging company would post earnings of$ 0.59 per share when it actually produced earnings of $0.64, delivering a surprise of 8.47%.Over the last ...