Louisiana-Pacific Corporation (LPX) is scheduled to report second-quarter 2024 results on Aug 7, before market open. In the last reported quarter, the company's earnings and revenues beat the Zacks Consensus Estimate by 35.4% and 7%, respectively. Its earnings and revenues increased 350% and 24% from the year-ago quarter's period, respectively. The company's earnings surpassed the consensus mark in three of the trailing four quarters and missed once, with an average of 18.6%. Trend in Estimates The Zacks Co ...

Louisiana-Pacific (LPX) is one of the stocks most watched by Zacks.com visitors lately. So, it might be a good idea to review some of the factors that might affect the near-term performance of the stock. Over the past month, shares of this home construction supplier have returned +18.1%, compared to the Zacks S&P 500 composite's +1.1% change. During this period, the Zacks Building Products - Wood industry, which Louisiana-Pacific falls in, has gained 14%. The key question now is: What could be the stock's f ...

The Building Products - Wood industry is part of the Construction sector. At present, this industry carries a Zacks Industry Rank of 214, placing it within the bottom 16% of over 250 industries. The Zacks Industry Rank gauges the strength of our individual industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1. Investors should also note any recent changes to analyst ...

Louisiana-Pacific Corporation (LPX) , or LP, is benefiting from the focus on the Siding business, strategic business transformation initiatives, and enhancing shareholders' returns. Shares of this American building materials manufacturer gained 23.7% in the year-to-date period, outperforming the Zacks Building Products – Wood industry's 9.3% decline, the Zacks Construction sector's 10% growth, and the S&P 500 Index's 17% rise. Notably, the company's trailing 12-month Return on Equity (ROE) is indicative of ...

The latest trading session saw Louisiana-Pacific (LPX) ending at $85.66, denoting a +1.77% adjustment from its last day's close. This move outpaced the S&P 500's daily gain of 0.55%. Meanwhile, the Dow gained 0.62%, and the Nasdaq, a tech-heavy index, added 0.63%. Shares of the home construction supplier have depreciated by 10.09% over the course of the past month, underperforming the Construction sector's gain of 1.99% and the S&P 500's gain of 4.28%. Market participants will be closely following the finan ...

What are the Zacks Style Scores? Finding good stocks at good prices, and discovering which companies are trading under their true value, are what value investors like to focus on. So, the Value Style Score takes into account ratios like P/E, PEG, Price/Sales, Price/Cash Flow, and a host of other multiples to highlight the most attractive and discounted stocks. Momentum investors, who live by the saying "the trend is your friend," are most interested in taking advantage of upward or downward trends in a stoc ...

Research indicates that these estimate revisions are directly correlated with near-term share price momentum. To take advantage of this, we've established the Zacks Rank, an exclusive model that considers these estimated changes and delivers an operational rating system. Make sure to utilize Zacks.com to follow all of these stock-moving metrics, and more, in the coming trading sessions. The home construction supplier's shares have seen a decrease of 11.35% over the last month, not keeping up with the Constr ...

The upcoming earnings release of Louisiana-Pacific will be of great interest to investors. The company's earnings per share (EPS) are projected to be $2.02, reflecting a 267.27% increase from the same quarter last year. Meanwhile, our latest consensus estimate is calling for revenue of $814.05 million, up 33.23% from the prior-year quarter. Based on our research, we believe these estimate revisions are directly related to near-team stock moves. We developed the Zacks Rank to capitalize on this phenomenon. O ...

Louisiana-Pacific (LPX) has been beaten down lately with too much selling pressure. While the stock has lost 7% over the past four weeks, there is light at the end of the tunnel as it is now in oversold territory and Wall Street analysts expect the company to report better earnings than they predicted earlier. We use Relative Strength Index (RSI), one of the most commonly used technical indicators, for spotting whether a stock is oversold. This is a momentum oscillator that measures the speed and change of ...

The Zacks Construction sector and S&P 500 Index gained 5.6% and 14.9%, respectively, in the year-to-date period. Image Source: Zacks Investment Research Earnings per share (EPS) estimates for 2024 have moved up to $5.79 from $4.47 in the past 60 days, reflecting 79.8% year-over-year growth. Revenues are also estimated to grow 17% from the previous year. In the last reported quarter, both EPS and net sales beat their respective Zacks Consensus Estimate and rose on a year-over-year basis. The impressive first ...