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LPX is benefiting from its Siding business and focus on operational excellence. Yet, high mill overhead costs and compensation expenses hurt prospects.
Louisiana-Pacific Corporation (LPX) is poised for growth through capacity expansion, strategic partnerships, and market share gains in Siding and value-added OSB businesses. The company's revenue should benefit from a potential housing market recovery and sustained demand in the Repair and Remodel market. Margins are expected to improve due to volume leverage, lower raw material costs, and investments in automation and high-margin products.
Louisiana-Pacific's (LPX) second-quarter 2024 results reflect solid demand trends across the Siding and OSB segments, partially offset by soft contributions from the LPSA segment. Also, declining costs and expenses aided the bottom line.
Louisiana-Pacific (LPX) came out with quarterly earnings of $2.09 per share, beating the Zacks Consensus Estimate of $1.86 per share. This compares to earnings of $0.55 per share a year ago.
Louisiana-Pacific's (LPX) second-quarter performance is likely to have reflected solid Siding business and OSB contribution.
Louisiana-Pacific (LPX) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
Louisiana-Pacific (LPX) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
The latest trading day saw Louisiana-Pacific (LPX) settling at $97.60, representing a +1.9% change from its previous close.
Louisiana-Pacific (LPX) concluded the recent trading session at $89.02, signifying a +0.12% move from its prior day's close.
Louisiana-Pacific (LPX) benefits from solid Siding business trends, business transformation initiatives, and shareholder rewards. Yet, fluctuating OSB prices and higher cost structure mar prospects.