Shares of International Paper IP rose 0.0% in pre-market trading after the company reported Q1 results.
Quarterly Results
Earnings per share were up 33.33% over the past year to $0.76, which beat the estimate of $0.62.
Revenue of $5,363,000,000 rose by 0.21% year over year, which beat the estimate of $5,340,000,000.
Outlook
International Paper hasn't issued any earnings guidance for the time being.
Revenue guidance hasn't been issued by the company for now.
Details Of The Call
Date: Apr 29, 2021
Time: 10:00 AM
Technicals
Company's 52-week high was at $58.14
52-week low: $29.76
Price action over last quarter: Up 22.60%
Company Overview
International Paper manufactures packaging products and printing papers. It accounts for roughly one third of the North American corrugated packaging market and about 25% of the uncoated free sheet paper market. Though it has operations in Brazil, Russia, India, and China, more than three fourths of its sales come from North America.
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