NEW YORK (TheStreet) -- Shares of International Paper Co. (IP) - Get International Paper Company (IP) Report are down 0.77% to $54.18 today ahead of the company's fourth-quarter earnings report before the market open tomorrow.
The consensus estimate calls for International Paper to report earnings of 53 cents a share on revenue of $5.83 billion. In the fourth quarter last year, the company posted earnings of 83 cents a share, short of the consensus estimate of 87 cents a share, according to analysts polled by Thomson Reuters. Revenue totaled $7.41 billion, below analysts' estimates of $7.48 billion.
In the third quarter of 2014, International Paper posted EPS of 95 cents a share, which beat the consensus estimate of 90 cents a share. Revenue totaled $6.05 billion, which surpassed estimates of $5.96 billion.
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