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International Paper reports Q1 adjusted EPS 23c, consensus 37c

Reports Q1 revenue $5.9B, consensus $6.22B. “Reflecting on my first year, I am proud of the International Paper (IP) team for embracing transformational change and achieving tremendous progress together,” said Andy Silvernail, Chief Executive Officer. “We deployed 80/20, focusing on our most valuable customers and aligning our resources accordingly. We launched key initiatives to drive step-change improvement in our performance, and invested to grow in the most attractive markets. Most recently, we welcomed our DS Smith colleagues and outlined our strategic direction at our Investor Day.”

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