International Paper Q1 2024 Earnings Report
Key Takeaways
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.
Net earnings for the first quarter were $56 million ($0.16 per diluted share).
Adjusted operating earnings for the first quarter were $61 million ($0.17 per diluted share).
The first quarter results were negatively impacted by approximately $52 million (pre-tax) due to the January freeze and Ixtac, Mexico fire.
Cash provided by operations for the first quarter was $395 million, and $161 million was returned to shareholders in dividends.
International Paper
International Paper
International Paper Revenue by Segment
Forward Guidance
International Paper is positioning itself for future success with a new CEO, cost management, and strategic initiatives.
Revenue & Expenses
Visualization of income flow from segment revenue to net income