---
schema_version: "secwatch.filing_event.v1"
accession: "0000051434-24-000029"
form_type: "8-K"
ticker: "IP"
cik: "0000051434"
company_name: "INTERNATIONAL PAPER CO /NEW/"
filed_at: "2024-04-25T23:59:59+00:00"
generated_at: "2026-06-03T08:38:20.255432+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# International Paper Q1 adj EPS $0.17 vs $0.53 YoY; revenue $4.62B; DS Smith deal on track

## Summary
- Q1 net earnings $56M ($0.16 diluted EPS); adjusted EPS $0.17 vs $0.53 YoY.
- Revenue $4.62B, down 8% YoY from $5.02B; cash from ops $395M; free cash flow $144M.
- Results hit by ~$52M pre-tax from winter freeze and Ixtac, Mexico fire.
- Industrial Packaging op profit $216M (down from $315M Q4); Global Cellulose Fibers loss $47M.
- CEO transition: Sutton retires May 1, Silvernail becomes CEO; DS Smith acquisition ($9.9B EV) expected Q4 2024.

## SEC filing metadata
- accession: 0000051434-24-000029
- form_type: 8-K
- ticker: IP
- cik: 0000051434
- company_name: INTERNATIONAL PAPER CO /NEW/
- filed_at: 2024-04-25T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/51434/000005143424000029/0000051434-24-000029-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/51434/000005143424000029/ip-20240425.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000051434-24-000029
- JSON: https://secwatch.observer/filing/0000051434-24-000029.json
- Plain text: https://secwatch.observer/filing/0000051434-24-000029.txt

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