International Paper (NYSE:IP) reported quarterly earnings of $0.15 per share which beat the analyst consensus estimate of $0.14 by 7.14 percent. This is a 34.78 percent decrease over earnings of $0.23 per share from the same period last year. The company reported quarterly sales of $5.970 billion which missed the analyst consensus estimate of $6.014 billion by 0.73 percent. This is a 1.17 percent increase over sales of $5.901 billion the same period last year.