International Paper Earnings Reports

International Paper reported a net loss of $147 million for Q4 2024, with net sales of $4.6 billion, which were the same as the prior year. The company is focusing on cost reduction and optimizing its box plant system, while also exploring strategic options for its Global Cellulose Fibers business.

International Paper reported third quarter net earnings of $150 million ($0.42 per diluted share) and adjusted operating earnings (non-GAAP) of $153 million ($0.44 per diluted share). Higher prices across the portfolio and a moderately improving box demand environment supported these results.

International Paper reported second quarter net earnings of $498 million, or $1.41 per diluted share, which includes a tax benefit of $338 million related to internal legal entity restructuring. Adjusted operating earnings (non-GAAP) were $193 million, or $0.55 per diluted share. The company generated $365 million in cash from operations and returned $160 million to shareholders through dividends.

International Paper reported first quarter net earnings of $56 million ($0.16 per diluted share) and adjusted operating earnings (non-GAAP) of $61 million ($0.17 per diluted share). Results were negatively impacted by approximately $52 million (pre-tax) due to the January freeze and Ixtac, Mexico fire. Cash provided by operations was $395 million, and $161 million was returned to shareholders in dividends.

International Paper reported a net loss of $(284) million for Q4 2023, which includes a pre-tax charge of $540 million related to mill strategic actions. Adjusted operating earnings (non-GAAP) were $142 million ($0.41 per diluted share). The company navigated challenging market conditions, focusing on cost reduction and strategic investments.

International Paper's third quarter results met expectations, driven by demand recovery and Building a Better IP initiatives, which exceeded full-year targets. The company focused on cost control and operational reliability but expressed dissatisfaction with absolute results in the challenging macro environment.

International Paper reported second quarter 2023 results with net earnings of $235 million, or $0.68 per diluted share. Adjusted operating earnings were $204 million, or $0.59 per diluted share. The company achieved $55 million in earnings from Building a Better IP initiatives and generated $528 million in cash from operations.

International Paper reported first quarter net earnings of $172 million, or $0.49 per diluted share. Adjusted operating earnings were $185 million, or $0.53 per diluted share. The company saw benefits from its 'Building a Better IP' initiatives and lower input costs, and returned $319 million to shareholders.

International Paper reported a net loss attributable to the company of $(318) million for Q4 2022, which includes a $533 million non-cash impairment of Ilim joint venture investment. Adjusted operating earnings were $309 million. Full-year revenue grew by 9% and operating earnings by 24%.

International Paper reported third quarter 2022 financial results with net earnings of $951 million ($2.64 per diluted share) compared to $864 million ($2.20 per diluted share) in Q3 2021. Adjusted operating earnings were $364 million ($1.01 per diluted share) compared to $431 million ($1.10 per diluted share) in Q3 2021. Revenue increased 10% year-over-year due to strong price realization.

International Paper reported strong second-quarter results with revenue growth of 13% year-over-year. The company achieved $65 million in earnings from its Building a Better IP initiatives and returned $565 million to shareholders through share repurchases and dividends.

International Paper reported first quarter net earnings of $360 million, or $0.95 per diluted share, compared to $349 million, or $0.88 per diluted share, in the first quarter of 2021. Adjusted operating earnings were $288 million, or $0.76 per diluted share, compared to $198 million, or $0.50 per diluted share, in the same period last year. The company achieved $40 million in earnings from its Building a Better IP initiatives and generated strong cash from operations.

International Paper's fourth quarter net earnings attributable to the company were $107 million ($0.28 per diluted share), while adjusted operating earnings (non-GAAP) were $301 million ($0.78 per diluted share). The company focused on corrugated packaging and initiated actions to accelerate profitable growth and lower costs.

International Paper reported strong Q3 2021 results with net earnings of $864 million, or $2.20 per diluted share, and adjusted operating earnings of $532 million, or $1.35 per diluted share. The company benefited from higher sales prices and lower planned maintenance outage expenses, but faced challenges from rising input costs and supply chain constraints.

International Paper reported solid earnings growth and strong cash generation in the second quarter of 2021. The company achieved strong revenue growth while navigating a challenging supply chain and input cost environment. Looking ahead, IP expects demand to remain strong and margins to expand meaningfully.

International Paper reported solid earnings and strong cash generation in the first quarter of 2021. The company's operations performed well, mitigating the impact of the winter storm and supporting strong customer demand in the packaging business. Momentum is expected to continue building across all three businesses, with continued strong demand for corrugated packaging and absorbent pulp, and a more favorable supply/demand backdrop for printing papers.

International Paper reported net earnings attributable to International Paper of $153 million, or $0.39 per diluted share, and adjusted operating earnings of $296 million, or $0.75 per diluted share. The company generated $789 million in cash from operations and reduced debt by $611 million during the quarter.

International Paper reported third quarter net earnings attributable to International Paper of $204 million ($0.52 per diluted share) compared with $266 million ($0.67 per diluted share) in the second quarter of 2020 and $344 million ($0.87 per diluted share) in the third quarter of 2019. Third quarter adjusted operating earnings (non-GAAP) were $280 million ($0.71 per diluted share) compared with $305 million ($0.77 per diluted share) in the second quarter of 2020 and $431 million ($1.09 per diluted share) in the third quarter of 2019. Third quarter cash provided by operations was $735 million.

International Paper reported second quarter net earnings attributable to International Paper of $266 million ($0.67 per diluted share). Adjusted operating earnings (non-GAAP) were $305 million ($0.77 per diluted share). The company's liquidity position was $3.6 billion at the end of the second quarter.

International Paper reported a net loss of $(141) million for Q1 2020, impacted by a charge related to the sale of its Brazil Packaging business and the COVID-19 pandemic. Adjusted operating earnings were $226 million. The company is taking steps to strengthen liquidity amidst the uncertain environment.

International Paper reported solid earnings and outstanding cash generation in Q4 2019. The company demonstrated flexibility in navigating challenging market conditions by optimizing the full value chain. They returned $1.3 billion to shareholders and reduced debt by $1.0 billion in 2019.