International Paper beat Wall Street expectations, but revenue remains flat
International Paper reported third-quarter earnings per share of $0.37. (The Daily Memphian file)
International Paper on Wednesday, Oct. 28, reported third-quarter earnings per share of $0.37, beating Wall Street’s expectations of $0.28, and revenue for the quarter came in at $6.2 billion versus the consensus estimate of $6.26 billion.
Adjusted earnings from continuing operations were $843 million, compared with $859 million during the same quarter last year.
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Noah McLane
Noah McLane reports on business for The Daily Memphian. He was born and raised in Tennessee and attended journalism school at Middle Tennessee State University, where his passion for community-focused storytelling blossomed.
Prior to writing for the business section, Noah was the editor-in-chief of his college newspaper, worked on general assignment for the Jackson Hole News & Guide in Jackson, Wyoming, and was most recently the statehouse reporter for The Daily Memphian.
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