International Paper Q2 Adj $0.61 Beats $0.41 Estimate, Sales $4.73B Miss $4.78B Estimate

International Paper (NYSE:IP) reported quarterly earnings of $0.61 per share which beat the analyst consensus estimate of $0.41 by 48.78 percent. This is a 3.39 percent increase over earnings of $0.59 per share from the same period last year. The company reported quarterly sales of $4.73 billion which missed the analyst consensus estimate of $4.78 billion by 0.96 percent. This is a 1.11 percent increase over sales of $4.68 billion the same period last year.