Louisiana-Pacific Corp reports results for the quarter ended in December - Earnings Summary

Louisiana-Pacific

14/02/2024 14:31

* Louisiana-Pacific Corp  LPX.N  reported quarterly adjusted
earnings of 71 cents​​ per share for the quarter ended in
December, higher than the same quarter last year, when the
company reported EPS of 61 cents.  The mean expectation of
nine analysts for the quarter was for earnings of 55 cents per
share. Wall Street expected results to range from 44 cents to 65
cents per share.
    * Revenue fell 6.7% to $658.00 million from a year ago;
analysts
expected $619.97 million. 
    * Louisiana-Pacific Corp's reported EPS for the quarter was
81
cents​.
    * The company reported quarterly net income of $59 million.
    * Louisiana-Pacific Corp shares had fallen by 3.0% this
quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 14% in
the last three months.​ 
    * In the last 30 days, there have been no negative revisions
of
earnings estimates

RECOMMENDATIONS
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 5 "strong buy" or "buy," 3
"hold" and 1 "sell" or "strong sell." 
    * Wall Street's median 12-month price target for
Louisiana-Pacific
Corp is $75.50 

This summary was machine generated from LSEG data February 14 at
02:30 p.m. UTC. ​All figures in US dollars unless otherwise
stated. (For questions concerning the data in this report,
contact Estimates.Support@lseg.com. For any other questions or
feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2023      0.55           0.71           Beat
 Sep. 30 2023      1.53           1.62           Beat
 Jun. 30 2023      0.66           0.55           Missed
 Mar. 31 2023      0.05           0.34           Beat