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
Company Research
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
News
- Louisiana-Pacific Co. (NYSE: LPX) had its price target raised by analysts at BMO Capital Markets from $99.00 to $103.00. They now have a "market perform" rating on the stock.MarketBeat
- If You Invested $1000 in Louisiana-Pacific 10 Years Ago, This Is How Much You'd Have Now [Yahoo! Finance]Yahoo! Finance
- LP Building Solutions Honors Veterans with Donation of LP® SmartSide® Trim & Siding for Retired U.S. Army Sergeant Joshua Hargis’ New Mortgage-Free HomeBusiness Wire
- Louisiana-Pacific Co. (NYSE: LPX) was downgraded by analysts at StockNews.com from a "buy" rating to a "hold" rating.MarketBeat
- Is LouisianaPacific (LPX) Outperforming Other Construction Stocks This Year? [Yahoo! Finance]Yahoo! Finance
LPX
Earnings
- 11/5/24 - Beat
LPX
Sec Filings
- 11/14/24 - Form 4
- 11/14/24 - Form 4
- 11/14/24 - Form SC
- LPX's page on the SEC website