Recap: International Paper Q2 Earnings

International Paper 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.

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.

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.

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