International Paper posts $1.10 billion Q3 loss on $1.38 billion EMEA goodwill charge
International Paper reported preliminary third-quarter 2026 net sales of $6.20 billion and a loss from continuing operations of $1.10 billion, or $2.07 per diluted share, which includes a $1.38 billion non-cash goodwill impairment for its Packaging Solutions EMEA segment. Adjusted operating earnings were $0.37 per share, compared with a loss of $0.43 a year earlier, and the company will no longer provide EMEA guidance as it prepares to separate that business.
Key points
- Net sales were $6.20 billion, compared with $6.22 billion in the third quarter of 2025 and $6.00 billion in the second quarter of 2026.
- Loss from continuing operations was $1.10 billion, or $2.07 per diluted share, versus a loss of $0.81 per share a year earlier.
- Packaging Solutions North America operating profit was $427 million; guidance is $460-$500 million for the fourth quarter and $1.3-$1.4 billion for full-year 2026.
- EMEA packaging leadership will hold a Capital Markets Day in London on November 3, 2026.
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 7, 2026, 11:17 PM ET, from the text of the filing and its press-release exhibits only.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.