International Paper reports Q3 adjusted EPS (43c), consensus 56c

Reports Q3 revenue $6.2B, consensus $6.46B. “Our Q3 results reflect substantial progress on our transformation journey,” said CEO Andy Silvernail. “We delivered 28% sequential adjusted EBITDA improvement across both Packaging Solutions businesses, driven by price realization, cost management and lower fiber costs. In North America, we saw year-over-year box shipment growth in September, a clear indicator that our customer-centric approach is closing the industry gap. While demand remained soft across both regions, we took decisive actions to reshape our portfolio – exiting non-core businesses, closing facilities, and reinvesting in our most strategic assets. Despite near-term headwinds, we remain confident in our trajectory. We are accelerating actions and remain fully committed to executing our transformation plan – delivering commercial excellence, securing an advantaged cost position, and building a differentiated, sustainable global packaging company.”