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IP

International Paper Beat on Q4 Earnings, Revenues Miss

With operations in North America, Europe, Latin America, Russia, Asia, and North Africa, International Paper CompanyIP is a premier paper and packaging firm. As part of its restructuring plans to increase focus on its core business, the company has divested its distribution business xpedx. International Paper is likely to gain from its extensive geographic footprint, wide-ranging product portfolio and differentiated service platform.

IP has beaten estimates in three of the last four quarters, making for an average surprise of 2.07%. As the extent of competition is increasing over time, investors have been eagerly awaiting for the company's latest earnings report.

Currently, IP has a Zacks Rank #3 (Hold), but that could definitely change following the company's earnings report which was just released. We have highlighted some of the key stats from this just-revealed announcement below:

Earnings: IP Beat on earnings. Our consensus called for EPS of 83 cents, and the company reported EPS of 87 cents.

Revenue : Revenues Missed IP posted revenues of $5,443 million, compared to our consensus estimate of $5,599 million.

Key Stats to Note : IP finished the year with ROIC of 11%, which was above the cost of capital and the highest earnings per share in 20 years due to robust performance in Industrial Packaging business and Ilim JV. The company continues to focus on growing free cash flow, increasing return on capital and returning cash to its shareholders.

Check back our full write up on this IP earnings report later!

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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