International Paper Co. reports 1st-quarter profit

loading...
STAMFORD, Conn. – International Paper Co., the world’s largest paper company, has reported first-quarter net earnings of $65 million and said the company is well positioned to take advantage of an economic rebound. The gain of 13 cents per share compared with a net loss…
Sign in or Subscribe to view this content.

STAMFORD, Conn. – International Paper Co., the world’s largest paper company, has reported first-quarter net earnings of $65 million and said the company is well positioned to take advantage of an economic rebound.

The gain of 13 cents per share compared with a net loss of $44 million, or 9 cents per share, for the same period last year.

Excluding one-time charges, IP reported profits of $58 million, or 12 cents per share.


Have feedback? Want to know more? Send us ideas for follow-up stories.

comments for this post are closed

By continuing to use this site, you give your consent to our use of cookies for analytics, personalization and ads. Learn more.