International Paper IP reported its Q3 earnings results on Thursday, October 27, 2022 at 07:00 AM.
Here's what investors need to know about the announcement.
Earnings
International Paper missed estimated earnings by 16.53%, reporting an EPS of $1.01 versus an estimate of $1.21.
Revenue was down $312.00 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.16 which was followed by a 0.58% drop in the share price the next day.
Here's a look at International Paper's past performance:
| Quarter | Q2 2022 | Q1 2022 | Q4 2021 | Q3 2021 |
|---|---|---|---|---|
| EPS Estimate | 1.08 | 0.51 | 0.90 | 1.45 |
| EPS Actual | 1.24 | 0.76 | 0.78 | 1.35 |
| Revenue Estimate | 5.36B | 5.02B | 5.07B | 5.87B |
| Revenue Actual | 5.39B | 5.24B | 5.09B | 5.71B |
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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