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Kritika Sarmah

Here's What to Expect From International Paper's Next Earnings Report

International Paper IP DS Smith

International Paper Company (IP), headquartered in Memphis, Tennessee, is a prominent global producer of renewable fiber-based products, boasting a market cap of $18.7 billion. The company specializes in corrugated packaging solutions and pulp for personal care products, serving a diverse array of industries. It is expected to release its fiscal Q4 earnings results on Thursday, Jan. 30, before the market opens.

Ahead of this event, analysts predict IP’s profit to fall 85.4% year over year to $0.06 per share. The company has surpassed Wall Street's bottom-line estimates in three of the past four quarters while missing on one other occasion. Nevertheless, in the recent quarter, the company surpassed the consensus estimate by 83.3%.

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