International Paper (IP) Tops Q2 EPS by 8c

International Paper (NYSE: IP) reported Q2 EPS of $0.92, $0.08 better than the analyst estimate of $0.84. Revenue for the quarter came in at $5.3 billion versus the consensus estimate of $5.31 billion.

"International Paper continues to perform very well and we are taking deliberate and meaningful strategic steps to make the company stronger. Our second quarter results were driven by strong execution across our operations around the globe," said Mark Sutton, Chairman and Chief Executive Officer. "As we move into the second half of the year, we remain focused on running our businesses well and closing the Weyerhaeuser acquisition, which will strengthen our position in the growing global fluff pulp markets and create additional value for our shareholders."

For earnings history and earnings-related data on International Paper (IP) click here.

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