International Paper (NYSE:IP) reported its Q1 earnings results on Thursday, April 28, 2022 at 07:00 AM.
Here's what investors need to know about the announcement.
Earnings
International Paper beat estimated earnings by 49.02%, reporting an EPS of $0.76 versus an estimate of $0.51.
Revenue was down $126.00 million from the same period last year.
Past Earnings Performance
Last quarter the company missed on EPS by $0.12 which was followed by a 1.7% increase in the share price the next day.
Here's a look at International Paper's past performance:
| Quarter | Q4 2021 | Q3 2021 | Q2 2021 | Q1 2021 |
|---|---|---|---|---|
| EPS Estimate | 0.90 | 1.45 | 1.06 | 0.62 |
| EPS Actual | 0.78 | 1.35 | 1.06 | 0.76 |
| Revenue Estimate | 5.07B | 5.87B | 5.63B | 5.34B |
| Revenue Actual | 5.09B | 5.71B | 5.62B | 5.36B |
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.
