International Paper Company reported earnings results for the fourth quarter ended December 31, 2022. For the fourth quarter, the company reported sales was USD 5,133 million compared to USD 5,086 million a year ago. Net loss was USD 318 million compared to net income of USD 107 million a year ago.

Basic earnings per share from continuing operations was USD 0.48 compared to USD 0.13 a year ago. Diluted earnings per share from continuing operations was USD 0.48 compared to USD 0.13 a year ago. Basic loss per share was USD 0.9 compared to basic earnings per share of USD 0.28 a year ago.

Diluted loss per share was USD 0.9 compared to diluted earnings per share of USD 0.28 a year ago.