International Paper Company (IP) Q2 2024 Earnings Call Transcript
International Paper Company. (NYSE:IP ) Q2 2024 Earnings Conference Call July 24, 2024 10:00 AM ET Company Participants Mark Nellessen - VP, IR Andy Silvernail - CEO Timothy Nicholls - SVP & CFO Conference Call Participants Michael Roxland - Truist Securities Charlie Muir-Sands - BNP Paribas Mark Weintraub - Seaport Research Partners Gaurav Jain - Barclays Gabe Hajde - Wells Fargo Securities Philip Ng - Jefferies Matthew McKellar - RBC Operator Good morning, and thank you for standing by.
International Paper (IP) Reports Q2 Earnings: What Key Metrics Have to Say
While the top- and bottom-line numbers for International Paper (IP) give a sense of how the business performed in the quarter ended June 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
International Paper (IP) Q2 Earnings Surpass Estimates
International Paper (IP) came out with quarterly earnings of $0.55 per share, beating the Zacks Consensus Estimate of $0.40 per share. This compares to earnings of $0.59 per share a year ago.
Will Lower Prices Hurt International Paper's (IP) Q2 Earnings?
International Paper's (IP) Q2 results are likely to reflect an uptick in volumes, offset by the impacts of lower prices and elevated input costs.
International Paper (IP) Expected to Beat Earnings Estimates: Can the Stock Move Higher?
International Paper (IP) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Is International Paper (IP) Outperforming Other Basic Materials Stocks This Year?
Here is how International Paper (IP) and Eldorado Gold Corporation (EGO) have performed compared to their sector so far this year.
6 Magnificent Dividend Stocks to Buy Now
24/7 Insights Despite the huge run in the Nasdaq and S&P 500 this year, dividend stocks are still reasonable.
What Makes International Paper (IP) a New Strong Buy Stock
International Paper (IP) has been upgraded to a Zacks Rank #1 (Strong Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
Why International Paper Stock Is Falling Today
International Paper is no longer a target of Brazilian rival Suzano. The stock had spiked last month after reports of a potential deal first surfaced.
International Paper (IP) Moves Closer to Acquiring DS Smith
International Paper (IP) confirms that it cleared another hurdle for the acquisition of DS Smith, with the expiration of the waiting period under the Hart-Scott-Rodino Act.
DS Smith says International Paper deal still going ahead despite speculation
Alongside reporting a fall in annual revenue and profits, DS Smith PLC boss Miles Roberts told reporters today that the £5.8 billion takeover of the cardboard box-maker by US rival International Paper is still going ahead, following speculation that the deal may be called off. Worries that the deal could be derailed have grown on reports that International Paper is fighting to block a potential $15 billion acquisition attempt by Brazilian giant Suzano.
Why International Paper Gained Ground in May
International Paper has been active in consolidating its industry as a buyer, but the company is now also reportedly a target as well. Even if IP doesn't sell, there are multiple ways for investors to win from here.
