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U.S. forest products giant International Paper reports revenue in line with expectations for the third quarter. Adjusted earnings per share were better than expected.
Revenue fell 0.4 percent to USD 6,197 million (6,222). The figure can be compared with FactSet analyst consensus of 6,278.
Adjusted EBITDA amounted to USD 843 million (859), with an adjusted EBITDA margin of 13.6 percent (13.8).
Adjusted earnings per share came to USD 0.37 (-0.43), which was 27.6 percent better than analyst consensus of 0.29.
CEO Andy Silvernail says the company is making progress with its strategy despite continued macroeconomic headwinds. In North America, operations are improving while costs are being reduced. In EMEA, restructuring efforts continue, but the weak market is weighing on results.
For the fourth quarter, the company expects operating income within Packaging Solutions North America of USD 460–500 million and adjusted EBITDA of USD 700–740 million.
For the full year, the corresponding results are expected to amount to USD 1.3–1.4 billion and USD 2.27–2.31 billion, respectively.
At the same time, the company has stopped providing guidance for Packaging Solutions EMEA ahead of the planned spin-off of the business to DS Smith.
International Paper, USD millionQ3-2026ConsensusChange vs consensusQ3-2025ChangeNet sales6 1976 278-1.3%6 222-0.4%Adjusted earnings per share, USD0.370.2927.6%-0.43Consensus data from FactSet
