•
Jun 30, 2020

International Paper Q2 2020 Earnings Report

Solid earnings and strong cash from operations were delivered while navigating the COVID-19 pandemic and its significant economic impact.

Key Takeaways

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.

Second quarter net earnings attributable to International Paper of $266 million ($0.67 per diluted share), compared to $292 million ($0.73 per diluted share) in the second quarter of 2019.

Second quarter adjusted operating earnings (non-GAAP) of $305 million ($0.77 per diluted share) compared to $460 million ($1.15 per diluted share) in the second quarter of 2019

Second quarter cash provided by operations of $890 million.

Liquidity position of $3.6 billion at the end of the second quarter.

Total Revenue
$4.87B
Previous year: $5.67B
-14.1%
EPS
$0.77
Previous year: $1.15
-33.0%
Gross Profit
$1.44B
Previous year: $1.77B
-18.5%
Cash and Equivalents
$847M
Previous year: $787M
+7.6%
Free Cash Flow
$638M
Total Assets
$32.5B
Previous year: $34.3B
-5.3%

International Paper

International Paper

International Paper Revenue by Segment

Forward Guidance

No specific forward guidance provided in the release.

Revenue & Expenses

Visualization of income flow from segment revenue to net income