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1.35677436654592E-16 1.35677436654592E-16 1.35677436654592E-16 1.35677436654592E-16 1.35677436654592E-16 1.35677436654592E-16 1.35677436654592E-16 1.35677436654592E-16
Stock impact report

International Paper - I'm Expecting A Bottom [Seeking Alpha]

International Paper Company (IP) 
Last international paper company earnings: 4/30 07:00 am Check Earnings Report
US:NYSE Investor Relations: internationalpaper.com/performance
Company Research Source: Seeking Alpha
Summary International Paper ( IP ) , the Memphis TN based packaging giant is down more than 10% on a YTD basis after an ugly sell-off in the first weeks of this year. At this point, it seems that the stock is bottoming. Personally, I believe this bottom is going to lead us to the next serious rally which is supported by strong business sentiment in the paper industry as well as the company's ability to turn this sentiment into higher bottom line growth. Source: International Paper Sales & EPS Beat Again Second quarter EPS came in at $1.19 which is $0.10 above expectations and 83% higher compared to its prior-year quarter. This is the 7th consecutive EPS beat if you include the quarters that came in just $0.01 above expectations. Moreover, it's the fourth consecutive quarter of positive EPS growth. In this case, every quarter since Q3/2017 has seen double digit growth. Source: Estimize Sales also beat estimates and had their sixth consecutive mo Show less Read more
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