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

Louisiana-Pacific

02/08/2023 14:32

* Louisiana-Pacific Corp  LPX.N  reported quarterly adjusted
earnings of 55 cents​​ per share for the quarter ended in June.
The mean expectation of nine analysts for the quarter was
for earnings of 66 cents per share.
    * Revenue fell 45.9% to $611.00 million from a year ago;
analysts
expected $666.15 million. 
    * Louisiana-Pacific Corp's reported EPS for the quarter was
a loss
of 28 cents​.
    * The mean earnings estimate of analysts had risen by
about 3.6%
in the last three months.​ 
    * In the last 30 days, two analysts negatively revised
earnings
estimates 
    * Louisiana-Pacific Corp shares had risen by 1.9% this
quarter and
gained 29.1% so far this year.
    * The company reported a quarterly loss of $20 million.
    * Wall Street's median 12-month price target for
Louisiana-Pacific
Corp is $79.00 
    * 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." 

This summary was machine generated from LSEG Refinitiv data
August 2 at 01:32 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      0.66           0.55           Missed
 Mar. 31 2023      0.05           0.34           Beat
 Dec. 31 2022      0.54           0.61           Beat
 Sep. 30 2022      1.48           1.72           Beat