IP revises Q3 earnings


8 November 2005 – Stamford (CT): International Paper has announced a revision to its Q3 earnings posted on the 25 October, due to changes in income tax provisions and after-tax amounts, primarily related to the sale of Carter Holt Harvey shares.

The company revisions saw earnings drop $20 million to $1.02 billion, or EPS of $2.03, from $1.04 billion, or EPS of $2.07.