---
schema_version: "secwatch.filing_event.v1"
accession: "0000051434-22-000045"
form_type: "8-K"
ticker: "IP"
cik: "0000051434"
company_name: "INTERNATIONAL PAPER CO /NEW/"
filed_at: "2022-10-27T23:59:59+00:00"
generated_at: "2026-06-23T00:21:39.164960+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# International Paper Q3 2022 adjusted EPS $1.01 misses Q2's $1.24; revenue up 10% YoY to $5.4B

## Summary
- Net earnings from continuing ops $951M ($2.64 diluted) include $563M tax benefit from timber settlement.
- Adjusted operating earnings $364M ($1.01 diluted), down from $459M ($1.24) in Q2 2022.
- Industrial Packaging operating profit $369M, down from $560M Q2 on lower volumes and higher costs.
- Global Cellulose Fibers operating profit $95M vs $25M Q2, driven by higher prices and volumes.
- Cash from ops $435M; returned $434M to shareholders via $269M buybacks and $165M dividends.

## SEC filing metadata
- accession: 0000051434-22-000045
- form_type: 8-K
- ticker: IP
- cik: 0000051434
- company_name: INTERNATIONAL PAPER CO /NEW/
- filed_at: 2022-10-27T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/51434/000005143422000045/0000051434-22-000045-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/51434/000005143422000045/ip-20221027.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000051434-22-000045
- JSON: https://secwatch.observer/filing/0000051434-22-000045.json
- Plain text: https://secwatch.observer/filing/0000051434-22-000045.txt

## Key facts
- Earnings Releases
  INTERNATIONAL PAPER CO /NEW/ reported the fiscal quarter ended September 30, 2022 results: revenue $5,402, net income $951 million ($2.64 per diluted share), EPS $2.64.
  - Period: the fiscal quarter ended September 30, 2022
  - Revenue: $5,402
  - Net income: $951 million ($2.64 per diluted share)
  - EPS: $2.64
  - Result: reported results
  source text: of Operations and related notes included later in this release. Select Financial Measures (In millions) Third Quarter 2022 Second Quarter 2022 Third Quarter 2021 Net Sales $ 5,402 $ 5,389 $ 4,914 Net Earnings (Loss) Attributable to International Paper 951 511 864 Business Segment Operating Profit 464 585 490 Adjusted Operating Earnings 364 459 431 Cash
  evidence_url: https://www.sec.gov/Archives/edgar/data/51434/000005143422000045/0000051434-22-000045-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.