Benzinga | Oct 29, 2020 07:56AM EDT

International Paper Q3 EPS $0.71 Beats $0.48 Estimate, Sales $5.12B Beat $5.05B Estimate

International Paper (NYSE:IP) reported quarterly earnings of $0.71 per share which beat the analyst consensus estimate of $0.48 by 47.92 percent. This is a 34.86 percent decrease over earnings of $1.09 per share from the same period last year. The company reported quarterly sales of $5.12 billion which beat the analyst consensus estimate of $5.05 billion by 1.45 percent. This is a 7.99 percent decrease over sales of $5.57 billion the same period last year.