Categories Earnings, LATEST, Other Industries
International Paper Company (NYSE: IP): Q3 2019 Earnings Snapshot
— International Paper Company (NYSE: IP) reported adjusted earnings of $1.09 per share for the third quarter of 2019, vs. $0.99 per share expected.
— Net earnings attributable to the company was $344 million or $0.87 per share, compared to $562 million or $1.37 per share a year earlier
— Net sales declined to $5.57 billion from $5.90 billion in the third quarter of 2018, vs. 5.6 billion expected
— Repurchased of $74 million of common shares, bringing the trailing 12 month total to $685 million
— Corporate expenses were $21 million in the third quarter, compared to $20 million last year
— IP stock gained 1% early Thursday following the announcement, after closing the previous session lower
Most Popular
MU Earnings: Micron’s Q4 profit declines but beats estimates
Micron Technology Inc. (NASDAQ: MU) Thursday said its fourth-quarter profit declined from last year, hurt by a sharp fall in revenues. Earnings, however, beat the market’s projection. On an adjusted
What are Philip Morris’ (PM) anticipations for the near term?
Shares of Philip Morris International Inc. (NYSE: PM) were down 1% on Thursday. The stock has dropped over 9% year-to-date. Although the tobacco industry has felt the pinch of inflation,
Key highlights from CarMax (KMX) Q2 2023 earnings results
CarMax, Inc. (NYSE:KMX) reported second quarter 2023 earnings results today. Net revenues rose 2% year-over-year to $8.1 billion. Net earnings were $125.9 million, or $0.79 per share, compared to $285.2 million,
