{"id":5996,"date":"2010-10-31T00:00:00","date_gmt":"2010-10-31T00:00:00","guid":{"rendered":"http:\/\/network.napco.com\/print-and-promo\/article\/international-paper-reports-third-quarter-earnings\/"},"modified":"2015-07-30T11:10:34","modified_gmt":"2015-07-30T11:10:34","slug":"international-paper-reports-third-quarter-earnings","status":"publish","type":"article","link":"https:\/\/network.napco.com\/print-and-promo\/article\/international-paper-reports-third-quarter-earnings\/","title":{"rendered":"International Paper Reports Third Quarter Earnings"},"content":{"rendered":"<p><strong>International Paper <\/strong>reported third quarter 2010 net earnings attributable to common shareholders totaling $397 million ($0.91 per share) compared with $93 million ($0.21 per share) in the second quarter of 2010 and $371 million ($0.87 per share) in the third quarter of 2009. Amounts include the impact of special items in the second quarter of 2010 and the third quarter of 2009.<\/p>\n<p>Quarterly net sales were $6.7 billion compared with $6.1 billion in the second quarter of 2010 and $5.9 billion in the third quarter of 2009.<\/p>\n<p>Operating profits before special items were $752 million in the third quarter of 2010, up from $466 million in the second quarter of 2010 and $443 million in the third quarter of 2009.<\/p>\n<p>&#8220;Our paper and packaging businesses delivered strong results, which led to record earnings,&#8221; said John Faraci, chairman and chief executive officer. &#8220;We continued to realize our announced price increases, realize restructuring benefits, operate well and improve our mix of business which led to strong margin expansion. As a result, free cash flow in the quarter was outstanding. We are well positioned to generate strong results in the fourth quarter and into 2011.&#8221;<\/p>\n<p>For more information, visit <a href=\"http:\/\/www.internationalpaper.com\" target=\"_blank\">www.internationalpaper.com<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p><strong>International Paper <\/strong>reported third quarter 2010 net earnings  attributable to common shareholders totaling $397 million ($0.91 per  share) compared with $93 million ($0.21 per share) in the second quarter  of 2010 and $371 million ($0.87 per share) in the third quarter of  2009. Amounts include the impact of special items in the second quarter  of 2010 and the third quarter of 2009.<\/p>\n","protected":false},"author":123,"featured_media":0,"comment_status":"open","ping_status":"closed","template":"","coauthors":[29487],"class_list":["post-5996","article","type-article","status-publish","hentry","tag-international-paper-reports","tag-net-earnings","tag-quarter","tag-special-items","company-international-paper","person-john-faraci"],"_links":{"self":[{"href":"https:\/\/network.napco.com\/print-and-promo\/wp-json\/wp\/v2\/article\/5996","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/network.napco.com\/print-and-promo\/wp-json\/wp\/v2\/article"}],"about":[{"href":"https:\/\/network.napco.com\/print-and-promo\/wp-json\/wp\/v2\/types\/article"}],"author":[{"embeddable":true,"href":"https:\/\/network.napco.com\/print-and-promo\/wp-json\/wp\/v2\/users\/123"}],"replies":[{"embeddable":true,"href":"https:\/\/network.napco.com\/print-and-promo\/wp-json\/wp\/v2\/comments?post=5996"}],"wp:attachment":[{"href":"https:\/\/network.napco.com\/print-and-promo\/wp-json\/wp\/v2\/media?parent=5996"}],"wp:term":[{"taxonomy":"author","embeddable":true,"href":"https:\/\/network.napco.com\/print-and-promo\/wp-json\/wp\/v2\/coauthors?post=5996"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}