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International Paper Reports 2Q 2017 Earnings

Quarterly net sales were $5.8 billion in 2Q 2017, compared with $5.5 billion in 1Q 2017 and $5.3 billion in 2Q 2016.

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By: DAVID SAVASTANO

Editor, Ink World Magazine

International Paper reported second quarter 2017 net earnings attributable to International Paper of $80 million ($0.19 per share) compared with net earnings of $209 million ($0.50 per share) for the first quarter of 2017 and net earnings of $40 million ($0.10 per share) in the second quarter of 2016.   Adjusted operating earnings in the second quarter of 2017 were $270 million ($0.65 per share) compared with $249 million ($0.60 per share) in the first quarter of 2017 and $379 million ($0.92 p...

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