International Paper Reports 2015 Third-Quarter Earnings
Time：2015-10-30 From：
MEMPHIS, Tenn., Oct. 28, 2015 /PRNewswire/ -- International Paper (NYSE: IP) today reported third quarter 2015 net earnings attributable to common shareholders of $220 million ($0.53 per share) compared with net earnings of $227 million ($0.54 per share) in the second quarter of 2015 and $355 million ($0.83 per share) in the third quarter of 2014. Operating Earnings were $407 million($0.97 per share) in the third quarter of 2015, compared with $409 million ($0.97 per share) in the second quarter of 2015 and $409 million ($0.95 per share) in the third quarter of 2014. Net earnings in all periods include the impact of special items, if any, non-operating pension expense and discontinued operations.
|
Diluted Earnings Per Share Attributable to International Paper Shareholders |
||||||||||||
|
Third |
Second |
Third |
||||||||||
|
Net Earnings |
$ |
0.53 |
$ |
0.54 |
$ |
0.83 |
||||||
|
Less – Discontinued Operations (Gain) Loss |
— |
— |
(0.04) |
|||||||||
|
Net Earnings (Loss) from Continuing Operations |
0.53 |
0.54 |
0.79 |
|||||||||
|
Add Back – Net Special Items Expense |
0.33 |
0.36 |
0.08 |
|||||||||
|
Add Back – Non-Operating Pension Expense |
0.11 |
0.07 |
0.08 |
|||||||||
|
Operating Earnings* |
$ |
0.97 |
$ |
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