secwatch.observer — SEC 8-K summary
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Issuer:     INTERNATIONAL PAPER CO /NEW/ (IP)
CIK:        0000051434
Form:       8-K
Filed at:   2024-02-01T23:59:59+00:00
Accession:  0000051434-24-000007
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/51434/000005143424000007/0000051434-24-000007-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/51434/000005143424000007/ip-20240201.htm
  HTML page:      https://secwatch.observer/filing/0000051434-24-000007

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