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0.00183748468762753 0.000408329930583831 0.00551245406288273 0.0283789301755819 0.0446835443037975 0.0651286239281339 0.069007758268681 0.0869742752143732
Stock impact report

International Paper Reports Third Quarter 2024 Results

International Paper Company (IP) 
Last international paper company earnings: 4/30 07:00 am Check Earnings Report
US:NYSE Investor Relations: internationalpaper.com/performance
Company Research Source: PR Newswire
MEMPHIS, Tenn., Oct. 31, 2024 /PRNewswire/ -- International Paper (NYSE: IP) today reported third quarter 2024 financial results.THIRD QUARTER 2024 HIGHLIGHTSThird quarter net earnings of $150 million ($0.42 per diluted share)Third quarter adjusted operating earnings (non-GAAP) of $153 million ($0.44 per diluted share)Third quarter cash provided by operations of $521 million and returned $161 million to shareholders in dividends"Our third quarter earnings are above our outlook," said Chairman and CEO Andy Silvernail.?"Higher prices across the portfolio, including benefits from our packaging go-to-market strategy were supported by a moderately improving box demand environment. We also had higher operating costs and lower volumes due to seasonality and commercial actions to improve profitability.""Going forward, we are laser-focused on delivering profitable growth as the low-cost, most reliable and innovative sustainable packaging solutions provider for our customers.?We are deploying a Show less Read more
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