Investors interested in Construction stocks should always be looking to find the best-performing companies in the group. Louisiana-Pacific (LPX) is a stock that can certainly grab the attention of many investors, but do its recent returns compare favorably to the sector as a whole? A quick glance at the company's year-to-date performance in comparison to the rest of the Construction sector should help us answer this question.Louisiana-Pacific is a member of the Construction sector. This group includes 88 in ...

For those looking to find strong Construction stocks, it is prudent to search for companies in the group that are outperforming their peers. Is Louisiana-Pacific (LPX) one of those stocks right now? A quick glance at the company's year-to-date performance in comparison to the rest of the Construction sector should help us answer this question.Louisiana-Pacific is one of 88 companies in the Construction group. The Construction group currently sits at #9 within the Zacks Sector Rank. The Zacks Sector Rank gau ...

Investors might want to bet on Louisiana-Pacific (LPX) , as earnings estimates for this company have been showing solid improvement lately. The stock has already gained solid short-term price momentum, and this trend might continue with its still improving earnings outlook.The upward trend in estimate revisions for this home construction supplier reflects growing optimism of analysts on its earnings prospects, which should get reflected in its stock price. After all, empirical research shows a strong correl ...

The Construction group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. Has Louisiana-Pacific (LPX) been one of those stocks this year? Let's take a closer look at the stock's year-to-date performance to find out.Louisiana-Pacific is one of 88 individual stocks in the Construction sector. Collectively, these companies sit at #5 in the Zacks Sector Rank. The Zacks Sector Rank gauges the strength of our 16 individual sector groups by measurin ...

Louisiana-Pacific Corporation’s (LPX) , or LP, shares gained 7.3% on Tuesday after it reported impressive third-quarter 2024 results. Earnings and net sales beat the respective Zacks Consensus Estimate. Although the metrics decreased on a year-over-year basis, LP outpaced the guidance it previously provided for the quarter.Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar.Backed by the solid execution of its strategy to drive growth, margin, specialization, and efficiency in the third ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q x QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Quarterly Period Ended September 30, 2024 o TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission File Number 1-7107 LOUISIANA-PACIFIC CORPORATION (Exact name of registrant as specified in its charter) Delaware 93-0609074 (State or other jurisdiction of incorporation or organization)(I ...

Financial Data and Key Metrics Changes - Louisiana-Pacific Corporation generated $722 million in net sales for Q3 2024, with a 22% growth in Siding sales offsetting an $88 million decline due to lower OSB prices [7][10][34] - Siding's EBITDA reached a record $123 million, contributing significantly to the overall financial performance [7][34] - Operating cash flow was $184 million, with $44 million allocated to capital expenditures and $91 million returned to shareholders through dividends and share repurchases [9][34] Business Line Data and Key Metrics Changes - Siding net sales increased by $75 million or 22% year-over-year, driven by a 6% rise in average selling prices and a 15% increase in volume [21][34] - ExpertFinish achieved record revenue and margin, with a 44% contribution margin from incremental volume [8][22] - OSB sales and EBITDA decreased by $88 million due to lower commodity prices, but operational efficiency helped mitigate the impact [27][34] Market Data and Key Metrics Changes - The new home construction market is experiencing a slowdown, with housing starts leveling at about 1.4 million [10][12] - Repair and remodeling spending is projected to return to positive growth in 2025, which is favorable for LP's SmartSide siding [12][34] - OSB inventory is leaner, contributing to recent strength in commodity prices [13] Company Strategy and Development Direction - The company plans to invest in future growth, with a focus on expanding Siding and Structural Solutions in 2025 and beyond [15][35] - LP is positioned to address housing undersupply and aging housing stock, which are critical market needs [15] - The company is exploring various options for capacity expansion, including converting existing mills and adding new press lines [50][52] Management's Comments on Operating Environment and Future Outlook - Management noted that interest rates and affordability are key macroeconomic factors to monitor, but they remain confident in continued growth [15][34] - The company is optimistic about maintaining strong order files and managing inventory effectively in anticipation of a price increase [14][86] - Management emphasized the importance of safety and sustainability, highlighting recent achievements in these areas [19][17] Other Important Information - LP published environmental product declarations for its SmartSide product portfolio, confirming its carbon-negative status [17] - The company received the 2023 Safest Company Award from APA, marking its commitment to safety [19] Q&A Session Summary Question: Can you discuss the decision to invest in the next wave of capacity additions in Siding? - Management expressed confidence in the growth of SmartSide and the need for additional capacity to meet future demand [38][39] Question: What is the expected pricing range for 2025? - A gross price increase of 4% to 5% is anticipated, with a net expectation of around 3% [40][41] Question: How has the competitive response been from fiber cement products? - The competitive environment remains normal, with pricing managed through back-end rebates [44][46] Question: What is the outlook for OSB structural shipments? - The focus is on growing Structural Solutions, with variations based on market demand and pricing dynamics [65] Question: How does the investment in South America fit into the overall strategy? - The investment is strategic for converting construction practices in South America, with long-term growth potential [69][70] Question: What factors are driving the projected 17% volume increase in Siding? - Growth is primarily driven by new construction and repair and remodeling, with strong performance in the BuilderSeries and ExpertFinish products [73][74] Question: How does the company view market outperformance in the Siding business for next year? - Management is optimistic about achieving pre-COVID growth rates of 8% to 10% despite potential headwinds [90][91]

Louisiana-Pacific (LPX) came out with quarterly earnings of $1.22 per share, beating the Zacks Consensus Estimate of $0.88 per share. This compares to earnings of $1.62 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 38.64%. A quarter ago, it was expected that this home construction supplier would post earnings of $1.86 per share when it actually produced earnings of $2.09, delivering a surprise of 12.37%.Over the last four qu ...

In the latest market close, Louisiana-Pacific (LPX) reached $98.66, with a +0.65% movement compared to the previous day. The stock outperformed the S&P 500, which registered a daily loss of 0.33%. Elsewhere, the Dow saw a downswing of 0.22%, while the tech-heavy Nasdaq depreciated by 0.56%. The home construction supplier's stock has dropped by 9.58% in the past month, falling short of the Construction sector's gain of 1.4% and the S&P 500's gain of 1.83%. The investment community will be paying close attent ...

Louisiana-Pacific (LPX) is expected to deliver a year-over-year decline in earnings on lower revenues when it reports results for the quarter ended September 2024. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price. The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on Nov ...