Intl Paper reported Q3 FY 2016 earnings of $0.91 per share (versus $0.97 in Q3 FY 2015), missing analysts’ consensus estimate of $0.93.
The company’s quarterly revenues amounted to $5.266 bln (-7.5% y/y), missing analysts’ consensus estimate of $5.366 bln.
IP closed Wednesday’s trading session at $46.16 (-0.94%).
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