Benzinga | Oct 27, 2021 07:07AM EDT

International Paper Q3 Adj. EPS $1.35 Misses $1.45 Estimate, Sales $5.71B Miss $5.87B Estimate

International Paper (NYSE:IP) reported quarterly earnings of $1.35 per share which missed the analyst consensus estimate of $1.45 by 6.9 percent. This is a 90.14 percent increase over earnings of $0.71 per share from the same period last year. The company reported quarterly sales of $5.71 billion which missed the analyst consensus estimate of $5.87 billion by 2.66 percent. This is a 11.54 percent increase over sales of $5.12 billion the same period last year.