International Paper Q4 2022 Earnings Report
Key Takeaways
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%.
Q4 net loss attributable to International Paper was $(318) million, including a $533 million non-cash impairment of the Ilim joint venture investment.
Q4 adjusted operating earnings were $309 million ($0.87 per diluted share).
Full-year revenue grew by 9%; full-year operating earnings grew by 24%.
Building a Better IP initiatives delivered $250 million of earnings benefit in 2022, including $75 million in Q4.
International Paper
International Paper
International Paper Revenue by Segment
Forward Guidance
International Paper is well-positioned to navigate various economic environments due to its strategic customer relationships, talented teams, cash generation, and strong balance sheet. The company remains focused on creating value for all stakeholders as they continue Building a Better IP.