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International Paper Reveals Increase In Q1 Bottom Line

International Paper (IP) reported earnings for its first quarter that climbed from last year.

The company's earnings totaled $729 million, or $1.74 per share. This compares with $209 million, or $0.50 per share, in last year's first quarter.

The company's revenue for the quarter rose 9.6% to $5.62 billion from $5.13 billion last year.

International Paper earnings at a glance:

-Earnings (Q1): $729 Mln. vs. $209 Mln. last year.
-EPS (Q1): $1.74 vs. $0.50 last year.
-Revenue (Q1): $5.62 Bln vs. $5.13 Bln last year.

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