International Paper Co reports results for the quarter ended December 31 - Earnings Summary

• International Paper Co IP.N reported a quarterly adjusted loss of 2 cents​​ per share for the quarter ended December 31, lower than the same quarter last year, when the company reported EPS of 41 cents. The mean expectation of seven analysts for the quarter was for earnings of 2 cents per share. Wall Street expected results to range from -12 cents to 46 cents per share.

• Revenue fell 0.5% to $4.58 billion from a year ago; analysts expected $4.74 billion.

• International Paper Co's reported EPS for the quarter was a loss of 42 cents​.

• The company reported a quarterly loss of $147 million.

• International Paper Co shares had risen by 7.7% this quarter.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 89.2% in the last three months.​

• In the last 30 days, there have been no negative revisions of earnings estimates

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 5 "strong buy" or "buy," 4 "hold" and 1 "sell" or "strong sell."

• The average consensus recommendation for the paper packaging peer group is also "buy"

Wall Street's median 12-month price target for International Paper Co is $60.40

This summary was machine generated from LSEG data January 30 at 02:30 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)