LPX Stock Recent News
LPX LATEST HEADLINES
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.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Efficient execution of growth strategies along with a focus on the Siding business bode well for Louisiana-Pacific (LPX), given the growing housing market trends.
LPX is transitioning from a commodity business to specialized products, such as engineered wood siding and performance OSB, which offers higher revenues and more stable profit margins. The OSB market, including LPX's OSB Structural Solutions, has experienced a decline in prices and profits due to reduced construction activity, but the market is still strong. LPX is delivering structural growth across the cycle, but it still is affected by OSB price volatility to a large degree.
Louisiana-Pacific (LPX) reported earnings 30 days ago. What's next for the stock?
Louisiana-Pacific Corporation reported better than expected quarterly net sales and EPS, indicating potential demand for the stock. The company is undergoing significant corporate transformations, including acquisitions, asset sales, and closures, which may lead to future FCF growth. LPX has a sustainable business model that may attract investors focused on ESG investments, and its stock performance has been impressive over the years.
Louisiana-Pacific's (LPX) strong Siding business and strategic investments drive growth. Yet, inflationary pressure hurts performance.
Louisiana-Pacific's (LPX) LP SmartSide Trim & Siding and LP Structural Solutions products are to be distributed in BlueLinx's Seattle and Spokane, WA branches.
Louisiana-Pacific's (LPX) third-quarter results are negatively impacted by lower volumes and prices across the business.
Louisiana-Pacific (LPX) came out with quarterly earnings of $1.62 per share, beating the Zacks Consensus Estimate of $1.39 per share. This compares to earnings of $1.72 per share a year ago.