Intl Paper reported Q2 FY 2016 earnings of $0.92 per share (versus $0.97 in Q2 FY 2015), beating analysts’ consensus estimate of $0.84.
The company’s quarterly revenues amounted to $5.322 bln (-6.9% y/y), generally in-line with analysts’ consensus estimate of $5.314 bln.
IP closed Wednesday’s trading session at $45.59 (-0.02%).
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