earnings
confidence high
sentiment neutral
materiality 0.75
IP posts Q4 net loss $318M on $533M Ilim impairment; adjusted EPS $0.87, up 43% YoY
INTERNATIONAL PAPER CO /NEW/
2022-FY EPS reported
$4.10
revenue$21,161,000,000
- Full-year 2022 revenue $21.16B (+9% YoY); adjusted operating earnings $1.17B (+24%).
- Q4 adjusted operating earnings $309M ($0.87/diluted share) vs $235M ($0.61) in Q4 2021.
- Q4 net loss ($318M) includes $533M non-cash Ilim impairment; agreement to sell Ilim stake announced.
- Industrial Packaging op profit $416M in Q4, up from $369M Q3; Global Cellulose Fibers $35M, down from $95M.
- Returned $1.93B to shareholders in 2022 via buybacks ($1.26B) and dividends ($673M).