International Paper Q1 2020 Earnings Report
Key Takeaways
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.
First quarter net loss attributable to International Paper was $(141) million ($(0.36) per diluted share).
First quarter adjusted operating earnings (non-GAAP) were $226 million ($0.57 per diluted share).
Cash provided by operations was $649 million.
The company monetized $250 million of ownership position in Graphic Packaging.
International Paper
International Paper
International Paper Revenue by Segment
Forward Guidance
Given the unprecedented uncertainty regarding the ultimate economic impact of COVID-19, we are taking prudent steps to further strengthen the company’s liquidity.
Revenue & Expenses
Visualization of income flow from segment revenue to net income