International
Paper (IP) today reported second quarter 2013 net earnings attributable to
common shareholders totaling $259 million ($0.57 per share) compared with net
earnings of $318 million ($0.71 per share), in the first quarter of 2013 and
$134 million ($0.31 per share) in the second quarter of 2012. Amounts in all
periods include the impact of special items.
Operating
Earnings were $288 million ($0.64 per share) in the second quarter of 2013,
compared with $292 million ($0.65 per share) in the first quarter of 2013 and
$232 million ($0.53 per share) in the second quarter of 2012. Quarterly net sales were $7.3 billion compared with $7.1 billion in the first quarter of 2013 and $7.1 billion in the second quarter of 2012.
