International Paper drops on Q2 profit miss

International Paper Co

31/07/2025 13:07

** International Paper's IP.N shares down 8% at $49.62 premarket, after co misses Q2 profit estimates on higher input costs

** Co reports adjusted profit of 20 cents per share, well below analysts' average estimate of 41 cents per share, according to LSEG estimates

** IP says its margins were affected due to higher costs and muted demand in Europe

** However, co reports Q2 net sales beat

** As of last close, IP stock up 17% in last 12 months

 (Reporting by Anshi Sancheti)

 ((Anshi.Sancheti@thomsonreuters.com))