Analysts surveyed by Thomson Reuters expect earnings of 91 cents a share on revenue of $6 billion for the third quarter. For the third quarter of 2013 International Paper reported earnings of $1.05 a share and revenue of $7.4 billion, while analysts' expected earnings of $1.05 a share and revenue of $7.47 billion.
For the second quarter International Paper reported earnings of 95 cents a share, beating analysts' estimates of 83 cents a share. The company reported revenue of $7.21 billion for the quarter, below analysts' estimates of $7.35 billion.
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TheStreet Ratings team rates INTL PAPER CO as a Buy with a ratings score of A-. TheStreet Ratings Team has this to say about their recommendation:
"We rate INTL PAPER CO (IP) a BUY. This is based on the convergence of positive investment measures, which should help this stock outperform the majority of stocks that we rate. Among the primary strengths of the company is its solid stock price performance. We feel these strengths outweigh the fact that the company has had sub par growth in net income."
Highlights from the analysis by TheStreet Ratings Team goes as follows: