Brief: Lp Building Solutions Reports Third Quarter Of 2022 Results, Provides Capital Allocation Update, And Q4 2022 Outlook

Louisiana-Pacific

01/11/2022 10:12

Nov 1 (Reuters) - Louisiana-Pacific Corp  LPX.N :
    * LP BUILDING SOLUTIONS REPORTS THIRD QUARTER OF 2022
RESULTS,
PROVIDES CAPITAL ALLOCATION UPDATE, AND Q4 2022 OUTLOOK
    * Q3 EARNINGS PER SHARE $1.74
    * Q3 ADJUSTED EARNINGS PER SHARE $1.72
    * Q3 SALES FELL 16 PERCENT TO $852.0 MILLION
    * NET SALES FROM CONTINUING OPERATIONS DECREASED BY 16% TO
$852
MILLION
    * LP BUILDING SOLUTIONS - SEES CAPITAL EXPENDITURES TO BE IN
THE
RANGE OF $400 MILLION TO $420 MILLION FOR 2022
    * Q3 EARNINGS PER SHARE VIEW $1.48, REVENUE VIEW $835.2
MILLION --
REFINITIV IBES DATA

Source text for Eikon:  ID:nPn9KhYPPa 
Further company coverage:  LPX.N 
 ((Reuters.Briefs@thomsonreuters.com;;))