earnings
confidence high
sentiment neutral
materiality 0.75
IP FY2024 net earnings $557M ($1.57/sh), adj. $1.13; Q4 net loss $147M
INTERNATIONAL PAPER CO /NEW/
2024-FY EPS reported
$1.57
revenue$18,619,000,000
- Full-year 2024 net sales $18.6B vs $18.9B in 2023; net earnings $557M ($1.57 EPS) vs $288M in 2023.
- Q4 2024 net loss $147M ($0.42 loss per share), adjusted operating loss $7M ($0.02 loss per share).
- Pre-tax charge $395M for accelerated depreciation & restructuring includes $334M for closure of Georgetown, SC pulp mill.
- Full-year cash from operations $1.678B, free cash flow $757M.
- CEO says 2025 transformational with DS Smith acquisition pending and exploration of strategic options for Global Cellulose Fibers.