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

Louisiana-Pacific

09/08/2022 14:32

* Louisiana-Pacific Corp  LPX.N  reported quarterly adjusted
earnings of $4.19​​ per share for the quarter ended in June. The
mean expectation of nine analysts for the quarter was
for earnings of $4.40 per share.
    * Revenue fell 14.7% to $1.13 billion from a year ago;
analysts
expected $1.25 billion. 
    * Louisiana-Pacific Corp's reported EPS for the quarter was
$4.73​.
    * The mean earnings estimate of analysts had fallen by
about 1.9%
in the last three months.​ 
    * In the last 30 days two analysts negatively revised
earnings
estimates 
    * Louisiana-Pacific Corp shares had risen by 19.5% this
quarter and lost 20.1% so far this year.
    * The company reported quarterly net income of $385 million.
    * Wall Street's median 12-month price target for
Louisiana-Pacific
Corp is $73.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 6 "strong buy" or "buy," 4
"hold" and no "sell" or "strong sell." 

This summary was machine generated from Refinitiv data August 9
at 01:32 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2022      4.40           4.19           Missed
 Mar. 31 2022      4.63           5.08           Beat
 Dec. 31 2021      2.02           2.24           Beat
 Sep. 30 2021      3.42           3.87           Beat