Why International Paper (IP) Might be Well Poised for a Surge

Core Viewpoint - International Paper (IP) is experiencing solid improvement in earnings estimates, which is likely to positively impact its stock price [1][5]. Earnings Estimates - Analysts have shown strong agreement in raising earnings estimates for International Paper, leading to a significant increase in consensus estimates for the next quarter and the full year [2]. - For the current quarter, the expected earnings per share (EPS) is $0.63, reflecting a decrease of 1.56% from the previous year [3]. - Over the last 30 days, the Zacks Consensus Estimate for International Paper has risen by 6.38%, with four estimates moving higher and no negative revisions [3]. - For the full year, the earnings estimate is$ 2.01 per share, indicating a decline of 6.94% from the previous year [4]. - The current year’s revisions trend is positive, with three estimates increasing and one negative revision, resulting in an 8.67% boost to the consensus estimate [4]. Zacks Rank - International Paper currently holds a Zacks Rank 1 (Strong Buy), indicating strong potential for stock performance based on earnings estimate revisions [5]. - Research indicates that stocks with Zacks Rank 1 and 2 significantly outperform the S&P 500 [5]. Stock Performance - The stock has appreciated by 6.9% over the past four weeks due to favorable estimate revisions, suggesting further upside potential [6].