LPX Stock Recent News
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The Oracle of Omaha and his team sold more than $36 billion worth of stocks in the September-ended quarter.
Louisiana-Pacific (LPX) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.
Here is how Louisiana-Pacific (LPX) and Trane Technologies (TT) have performed compared to their sector so far this year.
LPX's third-quarter results reflect solid demand trends in the Siding business, partially offset by soft contributions from the OSB segment.
Louisiana-Pacific Corporation (NYSE:LPX ) Q3 2024 Earnings Conference Call November 5, 2024 11:00 AM ET Company Participants Aaron Howald - Vice President, Investor Relations Brad Southern - Chief Executive Officer Alan Haughie - Chief Financial Officer Conference Call Participants Susan Maklari - Goldman Sachs Michael Roxland - Truist Securities Sean Steuart - TD Cowen Steven Ramsey - Thompson Research Group Matthew McKellar - RBC Capital Markets Mark Weintraub - Seaport Research Partners Ketan Mamtora - BMO Capital Markets Kurt Yinger - D.A. Davidson Operator Good day, and thank you for standing by.
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Louisiana-Pacific (LPX) came out with quarterly earnings of $1.22 per share, beating the Zacks Consensus Estimate of $0.88 per share. This compares to earnings of $1.62 per share a year ago.
NASHVILLE, Tenn.--(BUSINESS WIRE)--Louisiana-Pacific Corporation (LP) (NYSE: LPX), a leading manufacturer of high-performance building products, today reported its financial results for the three and nine months ended September 30, 2024. Key Highlights for Third Quarter 2024, Compared to Third Quarter 2023 Siding net sales increased by 22% to $420 million Oriented Strand Board (OSB) net sales decreased by 24% to $253 million Consolidated net sales decreased by 1% to $722 million Net income was.
LPX's third-quarter performance is likely to have reflected solid Siding business but lower OSB contribution.
Recently, Zacks.com users have been paying close attention to Louisiana-Pacific (LPX). This makes it worthwhile to examine what the stock has in store.