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

Louisiana-Pacific

03/05/2023 14:32

* Louisiana-Pacific Corp  LPX.N  reported quarterly adjusted
earnings of 34 cents​​ per share for the quarter ended in March.
The mean expectation of ten analysts for the quarter was
for earnings of 5 cents per share.
    * Revenue fell 56.3% to $584.00 million from a year ago;
analysts
expected $621.34 million. 
    * Louisiana-Pacific Corp's reported EPS for the quarter was
29
cents​.
    * The mean earnings estimate of analysts had fallen by
about 92.1%
in the last three months.​ 
    * In the last 30 days, four analysts negatively revised
earnings
estimates 
    * Louisiana-Pacific Corp shares had risen by 10.1% this
quarter and gained 0.8% so far this year.
    * The company reported quarterly net income of $21 million.
    * Wall Street's median 12-month price target for
Louisiana-Pacific
Corp is $60.00 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 3 "strong buy" or "buy," 5
"hold" and 2 "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data May
3 at 01:32 p.m. UTC. ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 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
 Jun. 30 2022      4.40           4.19           Missed