Louisiana-Pacific Q1 2023 Earnings Report

Louisiana-Pacific EPS Results

• Actual EPS: $0.34
• Consensus EPS: $0.07
• Beat/Miss: Beat by +$0.27
• One Year Ago EPS: $5.08

Louisiana-Pacific Revenue Results

• Actual Revenue: $584.00 million
• Expected Revenue: $618.23 million
• Beat/Miss: Missed by -$34.23 million
• YoY Revenue Growth: -56.30%

Louisiana-Pacific Announcement Details

• Quarter: Q1 2023
• Date: 5/3/2023
• Time: Before Market Opens

Louisiana-Pacific (NYSE:LPX), together with its subsidiaries, provides building solutions primarily for use in new home construction, repair and remodeling, and outdoor structure markets. It operates through Siding, Oriented Strand Board, LP South America, and Other segments. The Siding segment offers LP SmartSide trim and siding products, LP SmartSide ExpertFinish trim and siding products, LP BuilderSeries lap siding products, and LP Outdoor Building Solutions; and engineered wood siding, trim, soffit, and fascia products. Its Oriented Strand Board segment manufactures and distributes oriented strand board structural panel products comprising LP TechShield radiant barriers, LP WeatherLogic air and water barriers, LP Legacy premium sub-flooring products, LP NovaCore, LP FlameBlock fire-rated sheathing products, and LP TopNotch sub-flooring products. The LP South America segment manufactures and distributes oriented strand board structural panel and siding products. This segment distributes and sells related products for the region's transition to wood frame construction. It offers timber and timberlands and other products and services. sells its products primarily to retailers, wholesalers, and homebuilding and industrial businesses in North America and South America, Asia, Australia, and Europe. The company was incorporated in 1972 and is headquartered in Nashville, Tennessee.