International Paper Lowers Profit Forecast After Q1 Miss
The packaging firm lowered its 2026 earnings outlook to $3.5 billion due to rising costs. First-quarter sales of $5.97 billion missed analyst expectations.
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INTERNATIONAL PAPER CO cut its 2026 profit forecast to $3.2B-$3.5B after missing Q1 sales estimates of $5.97B. The revised outlook is down from a prior range of $3.5B-$3.7B as energy and freight costs rose. Investors face margin pressure while the United States-based firm executes a complex split into two independent public companies.
International Paper reported net sales of $5.97B for the quarter ended March 31, trailing LSEG analyst estimates of $6.01B. Adjusted EPS fell to $0.15 from $0.17 a year ago. Shares dropped 5% in morning trading following the announcement.
