International Paper Company (IP) Earnings Call Transcripts

International Paper Company's Latest Earnings Call - September 10, 2026

In the third quarter of fiscal 2026, International Paper Company (IP) reported revenues of $5.2 billion, a slight decline from $5.4 billion in the previous quarter, with earnings per share (EPS) of $1.10, down from $1.25 year-over-year. Management highlighted ongoing inflationary pressures, particularly in energy costs, which they expect to impact margins into 2027. Despite these challenges, they maintained guidance for improved margins in Q4, driven by cost-cutting measures and pricing strategies, signaling cautious optimism for the upcoming year.

Reported metrics

Guidance from management

Management maintained guidance for improved margins in Q4 2026, expecting pricing increases to provide a major tailwind in 2027, despite ongoing inflationary pressures.

What management said

Yes, there are 2 things. So the general answer is, yes, it's very consistent. The 2 places that I'd say are net negatives are the consumer spending numbers that we're seeing out of Europe, right, that's negative. And then obviously, what we've seen in the world of fruits and vegetables coming out of the West Coast. Those are things that are going to be -- on a trend basis, they'll look negative. There's no doubt abou...

Well, I think if you're asking the question, is the announced pricing going to have incremental profit impact for '27, yes. right? If you're asking if I know where pricing is going to go or predict it, no. And so the way I look at it is, obviously, we have a major carryover pricing that's already been announced and published, and we'll wait and see here in September and October, what happens to the most recent price ...

What analysts pressed on

Analysts expressed concerns about the softening demand, particularly in Europe, and the impact of rising diesel prices on profitability. There were questions regarding how the company plans to navigate these challenges while maintaining margins.

Main topics on the call

• Inflationary Pressures — Management acknowledged significant inflationary pressures, particularly from energy costs, stating, "$1 diesel price is about $95 million of headwind or tailwind on an annualized basis." They expect these pressures to p...
• Cost Structure Improvements — International Paper has aggressively restructured its cost base, with management noting, "we've taken out an enormous number of latent assets of unproductive assets." This restructuring is expected to yield incremental m...
• Demand Trends — Management indicated that demand is "steady, but it's soft," particularly in Europe, where consumer spending has been negatively impacted. They expect muted demand to continue into 2027 unless external pressures ease.
• Market Positioning — International Paper aims to strengthen its market position in North America, with a focus on becoming the "largest scaled most present player in the North American market for packaging for paper-based packaging." They ar...

Read the full International Paper Company transcript (September 10, 2026) → Summary generated from the call transcript; every figure above is stated by management on the record.

Earnings Call History

EarningsCalls.dev has 76 International Paper Company earnings call transcripts on record, spanning January 30, 2020 to September 10, 2026. Based on this history, International Paper Company reports quarterly. The most recent call on file is dated September 10, 2026. The full list is below — each row opens the complete, free-to-read transcript.

Ticker

IP

Exchange

NYSE

Country

US

Sector

Materials

Industry

Containers and Packaging

Calls on record

76

First call

January 30, 2020

Most recent

September 10, 2026

Reporting cadence

quarterly