The company said net earnings for Q3 2024 were $150 million ($0.42 per diluted share), and adjusted operating earnings (non-GAAP) were $153 million ($0.44 per share). Adjusted operating earnings were $193 million for Q2, compared with $224 million for Q3 a year earlier.

1. 01

   The company said net earnings for Q3 2024 were $150 million ($0.42 per diluted share), and adjusted operating earnings (non-GAAP) were $153 million ($0.44 per share). Adjusted operating earnings were $193 million for Q2, compared with $224 million for Q3 a year earlier.

2. 02

   International Paper said Industrial Packaging segment operating profit fell to $197 million in Q3 from $291 million in Q2. The company said higher selling prices for boxes and containerboard in North America were more than offset by seasonally lower sales volumes, higher operating costs and higher planned outage costs.

3. 03

   The company said net special items for Q3 2024 amounted to a net after-tax charge of $12 million ($0.04 per diluted share). This compares with an after-tax benefit of $297 million in Q2 and an after-tax charge of $22 million in Q3.

4. 04

   The company said cash provided by operations was $521 million for Q3 2024, and free cash flow (non-GAAP), which reflects $212 million of cash invested in capital projects, was $309 million. Free cash flow was $240 million a year earlier, and cash returned to shareholders in dividends in Q3 was $161 million.

Analysis scope · Filing body and confirmed press-release exhibitWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

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