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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.
Louisiana-Pacific (LPX) closed the most recent trading day at $98.66, moving +0.65% from the previous trading session.
Trex, Louisiana-Pacific and JELD-WEN have been highlighted in this Industry Outlook article.
More infrastructure spending, a focus on product innovation and efficient cost management are encouraging for the Zacks Building Products - Wood industry players like TREX, LPX and JELD despite a challenging macroeconomic backdrop.
Louisiana-Pacific (LPX) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Louisiana-Pacific (LPX) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
In the closing of the recent trading day, Louisiana-Pacific (LPX) stood at $100.07, denoting a +0.43% change from the preceding trading day.