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International Paper’s Second-Quarter Earnings Report


International Paper is set to release its second-quarter earnings before the market opens on Thursday. Here are the key details you need to know:

Profit Expectations

According to a consensus of four analysts polled by FactSet, the Memphis-based paper maker’s profit is expected to decrease to $154 million from $511 million in the same period last year.

Adjusted Earnings Forecast

Stripping out certain one-time expenses, International Paper is projected to report adjusted per-share earnings of 38 cents, compared to $1.25 a year ago. This information is based on a consensus of nine analysts polled by FactSet.

Revenue Forecast

Analysts surveyed by FactSet expect the company’s revenue to decline to $4.897 billion from $5.389 billion in the same quarter of the previous year.

Key Factors to Watch


International Paper has noted that customer demand has been negatively impacted by destocking inventory and selling off old stock. The company anticipates an improvement in demand throughout 2023. The second-quarter results will provide insights into the extent of paper purchasing by customers.

Cellulose Fibers Segment

The company’s global cellulose fibers segment, which utilizes pulp to manufacture products, was expected to experience profit growth this year, according to the company’s projections. In the first quarter, the segment’s loss narrowed, although it has not yet reached break-even status.

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