Louisiana-Pacific Corp expected to post earnings of 66  cents a share - Earnings Preview

Louisiana-Pacific

31/07/2023 15:19

* Louisiana-Pacific Corp  LPX.N   LPX  is expected to show a
fall
in quarterly revenue when it reports  results on August 2. 
    * The Nashville Tennessee-based  company is expected to
report  a
41.0% decrease in revenue to $666.151 million from $1.13 billion
a year ago, according to the mean estimate from 7 analysts,
based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Louisiana-Pacific
Corp is
for earnings of 66 cents per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 4 "strong buy" or "buy," 3
"hold" and 2 "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for
Louisiana-Pacific
Corp is $79​, above​ its last closing price of $75.74. ​​​

The company's guidance on May 3 2023 for the period ended June
30 was for Earnings before Interest, Taxes, Depreciation and
Amortization of of USD80 million.
Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Mar. 31 2023  0.03        0.05       0.34      Beat    551.1
 Dec. 31 2023  0.50        0.54       0.61      Beat    13.9
 Sep. 30 2022  1.49        1.48       1.72      Beat    15.9​
 Jun. 30 2022  4.47        4.40       4.19      Missed  -4.8
 ​​Mar.        4.80        4.63       5.08      Beat    9.8
 31 2022                                                
 Dec. 31 2021  2.06        2.02       2.24      Beat    10.8​
 Sep. 30 2021  3.46        3.42       3.87      Beat    13.2
 Jun. 30 2021  4.39        4.33       4.74      Beat    9.5
 This summary was machine generated July 31 at 14:19 GMT.  All
figures in US dollars  unless otherwise stated