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Recap: International Paper Q2 Earnings

  International Paper (NYSE:IP) reported its Q2 earnings results on Thursday, July 28, 2022 at 07:00 AM. Here's what investors need to know about the announcement.

Benzinga · 07/28/2022 07:35

 

International Paper (NYSE:IP) reported its Q2 earnings results on Thursday, July 28, 2022 at 07:00 AM.

Here's what investors need to know about the announcement.

Earnings

International Paper beat estimated earnings by 14.81%, reporting an EPS of $1.24 versus an estimate of $1.08.

Revenue was down $227.00 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.25 which was followed by a 2.53% drop in the share price the next day.

Here's a look at International Paper's past performance:

 

Quarter Q1 2022 Q4 2021 Q3 2021 Q2 2021
EPS Estimate 0.51 0.90 1.45 1.06
EPS Actual 0.76 0.78 1.35 1.06
Revenue Estimate 5.02B 5.07B 5.87B 5.63B
Revenue Actual 5.24B 5.09B 5.71B 5.62B

To track all earnings releases for International Paper VISIT THEIR EARNINGS CALENDAR HERE.

This article was generated by Benzinga's automated content engine and reviewed by an editor.