International Paper Q3 adjusted earnings of $1.56 per share

(RTTNews) - International Paper (IP) released earnings for its third quarter that climbed from the same period last year.

The company's bottom line came in at $562 million, or $1.37 per share. This compares with $395 million, or $0.95 per share, in last year's third quarter.

Excluding items, International Paper reported adjusted earnings of $641 million or $1.56 per share for the period.

The company's revenue for the quarter rose 6.9% to $5.90 billion from $5.52 billion last year.

International Paper earnings at a glance:

-Earnings (Q3): $641 Mln. vs. $420 Mln. last year. -EPS (Q3): $1.56 vs. $1.01 last year. -Revenue (Q3): $5.90 Bln vs. $5.52 Bln last year.