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Quarterly net sales were $5.3 billion in the third quarter of 2016, with 3Q 2016 net earnings of $312 million.
October 28, 2016
By: DAVID SAVASTANO
Editor, Ink World Magazine
International Paper (IP) reported third quarter 2016 net earnings attributable to International Paper of $312 million ($0.75 per share) compared with net earnings of $40 million ($0.10 per share) in the second quarter of 2016 and net earnings of $220 million ($0.53 per share) in the third quarter of 2015. Adjusted operating earnings in the third quarter of 2016 totaled $380 million ($0.91 per share) compared with $379 million ($0.92 per share) in the second quarter of 2016 and $407 million (...
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