secwatch.observer — SEC 8-K summary
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Issuer:     INTERNATIONAL PAPER CO /NEW/ (IP)
CIK:        0000051434
Form:       8-K
Filed at:   2024-07-24T23:59:59+00:00
Accession:  0000051434-24-000047
Event type: earnings
Sentiment:  neutral
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

International Paper Q2 2024 net earnings $1.41/shr on tax benefit; adjusted EPS $0.55
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- Net earnings of $498M ($1.41/shr) includes $338M tax benefit from legal entity restructuring.
- Adjusted operating earnings $193M ($0.55/shr) vs $0.59/shr a year ago; sequential improvement.
- Cash from operations $365M; returned $160M to shareholders in dividends during Q2.
- CEO cites sequential improvement but expects near-term challenges; deploying 80/20 process.
- Looks forward to DS Smith combination to create significant shareholder value.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/51434/000005143424000047/0000051434-24-000047-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/51434/000005143424000047/ip-20240724.htm
  HTML page:      https://secwatch.observer/filing/0000051434-24-000047

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