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-0.000356824264050011 -0.000713648528099896 0.00205173951828715 0.00267618198037464 0.00338983050847454 0.00374665477252455 0.00374665477252455 0.00374665477252455
Stock impact report

International Paper Stock Leads S&P Gainers on New Growth Targets [Yahoo! Finance]

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: Yahoo! Finance
The company set 2027 performance targets of $26 billion to $28 billion in net sales and $2.0 billion to $2.5 billion in free cash flow, both above Visible Alpha consensus. The stock led gainers on the S&P 500 on Tuesday. International Paper ( IP ) stock jumped 6% to lead S&P 500 gainers Tuesday after the packaging maker outlined rosy growth projections at its annual investor day. The company set 2027 performance targets of $26 billion to $28 billion in net sales and $2.0 billion to $2.5 billion in free cash flow . Analysts polled by Visible Alpha were expecting $26.96 billion and $1.81 billion, respectively. The company said it will continue working to optimize its production footprint, noting it has closed seven plants to date "with no customer impact." It will also look to cut costs by making its plants more efficient, with a focus on allocating more resources to higher-value customers and markets. The company, which replaced its CEO a year ago , was the target of a faile Show less Read more
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