International Paper (IP) has reported its results for the third quarter of 2025, which showed wider-than-expected loss and weak sales as macro conditions posed challenges. The company's shares sank and IP stock was down. Several firms, including investment funds and asset management companies, have increased their holdings in IP. Despite the downturn, Citigroup has maintained a buy recommendation for IP, anticipating an earnings growth. However, other financial firms rated IP lower, leading to the stock's further decline. The company announced layoffs following a new IT partnership and a planned closure of two containerboard mills. A significant hit was a $1 billion loss in earnings for the last quarter, potentially worsened by 10.5% annually. In mitigation, IP intends to execute strategic changes to support growth in North America, and explore the construction of a new sustainable packaging facility in Salt Lake City, Utah. Furthermore, the company plans to divest its global cellulose fibers business to American Industrial Partners for $1.5 billion. Despite strategic challenges and unfavorable market conditions, the firm's transformation plan moves ahead.
International Paper IP News Analytics from Thu, 13 Feb 2025 08:00:00 GMT to Sat, 08 Nov 2025 10:06:27 GMT -
