International Paper (NYSE:IP) released its quarterly earnings data on Thursday. The basic materials company reported $1.27 earnings per share for the quarter, beating the consensus estimate of $1.19 by $0.08, Bloomberg Earnings reports. International Paper had a return on equity of 27.56% and a net margin of 4.00%. The firm had revenue of $5.71 billion during the quarter, compared to the consensus estimate of $6.01 billion. During the same period last year, the business posted $0.67 EPS. International Paper’s quarterly revenue was up 14.2% on a year-over-year basis.
International Paper (NYSE:IP) opened at $61.67 on Friday. The company has a current ratio of 1.48, a quick ratio of 0.97 and a debt-to-equity ratio of 2.31. The firm has a market capitalization of $25,460.00, a price-to-earnings ratio of 12.21, a price-to-earnings-growth ratio of 1.43 and a beta of 1.50. International Paper has a 1 year low of $49.60 and a 1 year high of $66.94.
The business also recently declared a quarterly dividend, which will be paid on Thursday, March 15th. Shareholders of record on Wednesday, February 21st will be given a dividend of $0.475 per share. This represents a $1.90 annualized dividend and a yield of 3.08%. The ex-dividend date of this dividend is Tuesday, February 20th. International Paper’s payout ratio is 37.62%.
International Paper Company Profile
International Paper Company is a paper and packaging company with primary markets and manufacturing operations in North America, Europe, Latin America, Russia, Asia, Africa and the Middle East. The Company’s segments include Industrial Packaging, Global Cellulose Fibers, Printing Papers and Consumer Packaging.
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