- International Paper press release (NYSE:IP): Q3 Non-GAAP EPS of $1.01 misses by $0.19.
- Revenue of $5.4B (+10.0% Y/Y) beats by $100M.
- 10% year-over-year revenue growth based on strong price realization
- $70 million of earnings achieved from Building a Better IP initiatives, bringing year-to-date to $175 million
- Cash provided by operations of $435 million, bringing year-to-date to $1.4 billion
- Returned $434 million to shareholders through share repurchases of $269 million and dividends of $165 million, bringing year-to-date to $1.6 billion
- Shares -0.66% PM.