International Paper Misses Q2 Sales, Guides Q3 EBITDA Below Consensus
IP sits 48% above its 52-week low of $29.26.
Summary
International Paper missed Q2 sales estimates and guided Q3 EBITDA below consensus, citing soft EMEA demand and a temporary mill closure.
Key Events · Earnings and Guidance · IP
-
Q2 Sales Miss
Net sales of $6.004 billion missed the $6.18 billion consensus, driven by soft EMEA volume and geopolitical uncertainty.
-
Loss from Continuing Operations
Loss from continuing operations was $12 million, compared to earnings of $75 million in Q2 2025.
-
Adjusted EBITDA
Adjusted EBITDA from continuing operations was $587 million, down from $670 million in Q2 2025.
-
Q3 Guidance Below Consensus
Q3 adjusted EBITDA guidance of $780–$830 million includes an $85 million negative impact from the temporary Pine Hill mill closure and is below the $850 million consensus.
Analysis · IP · Manufacturing
Soft EMEA volume drove a Q2 sales miss, with revenue of $6.004 billion falling short of the $6.18 billion consensus. The loss from continuing operations was $12 million, yet adjusted EBITDA reached $587 million. Looking ahead, Q3 adjusted EBITDA is guided to $780–$830 million—below the $850 million consensus—reflecting an $85 million headwind from the temporary Pine Hill mill closure. Full-year adjusted EBITDA guidance was set at $3.20–$3.40 billion. The miss and cautious outlook arrive amid ongoing portfolio optimization and the planned EMEA separation.
At the time of this filing, IP was trading at $43.24 on NYSE in the Manufacturing sector, with a market capitalization of approximately $22.6B. The 52-week trading range was $29.26 to $56.13. This filing was assessed with negative market sentiment and an importance score of 8 out of 10.