IP posts Q4 net loss of $284M, full-year adjusted EPS $2.16 on $18.9B revenue

INTERNATIONAL PAPER CO /NEW/

2023-FY EPS reported $0.82 revenue$18,916,000,000

Q4 net loss of $284M ($0.82 diluted loss); full-year net earnings $288M ($0.82 diluted EPS).
Q4 adjusted operating earnings $142M ($0.41 diluted); full-year adjusted $755M ($2.16 diluted), down from $3.18 in 2022.
Net sales Q4 $4.6B (down 10% YoY); full-year $18.9B (down 11% from $21.2B in 2022).
Industrial Packaging operating profit Q4 $315M (down from $416M YoY); Global Cellulose Fibers operating loss of $58M.
Full-year cash from operations $1.8B; returned $839M to shareholders via buybacks and dividends.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.85

INTERNATIONAL PAPER CO /NEW/ reported the full-year and fiscal quarter ended December 31, 2023 results: revenue $ 18,916, net income $288 million ($0.82 per diluted share), EPS $0.82 per diluted share.

Period: the full-year and fiscal quarter ended December 31, 2023
Revenue: $ 18,916
Net income: $288 million ($0.82 per diluted share)
EPS: $0.82 per diluted share
Result: reported results

Exact text from the filing

this release. Select Financial Measures (In millions) Fourth Quarter 2023 Third Quarter 2023 Fourth Quarter 2022 Full-Year 2023 Full-Year 2022 Net Sales $ 4,601 $ 4,613 $ 5,133 $ 18,916 $ 21,161 Net Earnings (Loss) (284) 165 (318) 288 1,504 Business Segment Operating Profit (Loss) 257 352 451 1,249 1,848 Adjusted Operating Earnings 142 224 309 755 1,168 Cash

View on SEC.gov

18 earnings releases filed in the last 30 days. Browse all earnings releases →

INTERNATIONAL PAPER CO /NEW/ filing history →

Source: SEC EDGAR

accession 0000051434-24-000007

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.