secwatch.observer — SEC 8-K summary
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Issuer:     INTERNATIONAL PAPER CO /NEW/ (IP)
CIK:        0000051434
Form:       8-K
Filed at:   2022-10-27T23:59:59+00:00
Accession:  0000051434-22-000045
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/51434/000005143422000045/0000051434-22-000045-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/51434/000005143422000045/ip-20221027.htm
  HTML page:      https://secwatch.observer/filing/0000051434-22-000045

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer