Investors and market participants can look forward to the unveiling of International Paper Company (NYSE: IP) third quarter financial results on Thursday 31st October 2024. This important update will be made available before market open.
According to the forecasts of financial experts on Wall Street, the concern is expected to reveal an anticipated $0.26 profit per share for the quarter. Additionally, the firm is poised to disclose a quarterly revenue of $4.7 billion.
Wall Street analysts have offered their forecasts for the company's yearly performance, predicting a total revenue of $18.85 billion. Additionally, they are expecting the company to report profit of $1.51 per share for the fiscal year 2024.
Looking back at the corresponding quarter from the previous year, the company's earnings report revealed a per-share income of $0.64. This notable figure was attributed to the company's total revenue, which settled at an impressive $4.61 billion during that specific quarter.
| Period | EPS Actual |
EPS Growth* |
Revenue Actual |
Revenue Growth* |
|---|---|---|---|---|
| Historical Earnings Insight | ||||
| Q2 2024 | $0.55 | -6.8% | 4.73 B | +1.1% |
| Q1 2024 | $0.17 | -67.9% | 4.62 B | -8.0% |
| Q4 2023 | $0.41 | -52.9% | 4.60 B | -10.4% |
| Q3 2023 | $0.64 | -36.6% | 4.61 B | -14.6% |
| Q2 2023 | $0.59 | -52.4% | 4.68 B | -13.1% |
| *Growth on year-over-year basis | ||||
The organization will host a conference call with investment community on 31st October 2024 at 10:00 AM eastern time to discuss the financial results.
Tuesday's trading saw International Paper Company (IP) shares hit a low of $47.25 and a high of $48.59, with a day volume of 5.02 million shares. The stock closed the regular trading session at $47.29, showing 2.78 percent decrease.
