LP® Reports Third Quarter 2019 Results and Provides Strategic Update
Louisiana-Pacific Corporation (LPX)
Last louisiana-pacific corporation earnings: 2/11 06:55 am
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US:NYSE Investor Relations:
lpcorp.gcs-web.com/investor-overview
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Source: Business Wire
Third Quarter ResultsNet sales for the third quarter of $603 million, 18 percent lower than the prior year.LP® SmartSide® Strand sales increased 13 percent compared to the third quarter of 2018 and 10 percent for the first nine months of 2019.Overall OSB commodity price realization dropped 41 percent from the third quarter of 2018 and 42 percent from the first nine months of 2018.Net income attributed to LP for the third quarter was $2 million ($0.02 per diluted share) and $46 million ($0.36 per diluted share) for the first nine months of 2019.Non-GAAP adjusted income from continuing operations was $10 million ($0.08 per diluted share) for the third quarter of 2019 and $40 million ($0.32 per diluted share) for the first nine months of 2019.Adjusted EBITDA for the third quarter was $49 million and $160 million for the first nine months of 2019.Strategic Update and Execution of Capital Allocation PlanLP reaffirms its 2019 SmartSide Strand growth target of 10 percent and its long-term gr
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LPX
Earnings
- 11/5/24 - Beat
LPX
Sec Filings
- 12/20/24 - Form 4
- 12/19/24 - Form S-8
- 12/19/24 - Form S-8
- LPX's page on the SEC website