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International Paper Q1 adjusted earnings Beat Estimates

Below are the earnings highlights for International Paper (IP):

-Earnings: $349 million in Q1 vs. -$141 million in the same period last year.
-EPS: $0.88 in Q1 vs. -$0.36 in the same period last year.
-Excluding items, International Paper reported adjusted earnings of $299 million or $0.76 per share for the period.
-Analysts projected $0.62 per share
-Revenue: $5.36 billion in Q1 vs. $5.35 billion in the same period last year.

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