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 ...

A month has gone by since the last earnings report for Louisiana-Pacific (LPX) . Shares have added about 7% in that time frame, outperforming the S&P 500. Will the recent positive trend continue leading up to its next earnings release, or is Louisiana-Pacific due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its most recent earnings report in order to get a better handle on the important drivers. Louisiana-Pacific Q1 Earnings & Sales Beat, ...

Momentum investing revolves around the idea of following a stock's recent trend in either direction. In the 'long' context, investors will be essentially be "buying high, but hoping to sell even higher." With this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving that way. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades. While many investors like to look for momen ...

Louisiana-Pacific (LPX) has been one of the most searched-for stocks on Zacks.com lately. So, you might want to look at some of the facts that could shape the stock's performance in the near term. Shares of this home construction supplier have returned +24.5% over the past month versus the Zacks S&P 500 composite's +5% change. The Zacks Building Products - Wood industry, to which Louisiana-Pacific belongs, has lost 0.3% over this period. Now the key question is: Where could the stock be headed in the near t ...

Although spending on home repair and remodel (R&R) activities has decreased from the peaks seen during the pandemic, given high rates and dwindling consumer confidence, there remains a persistent need for investment in critical replacements, addressing home performance deficiencies, and modernization efforts in the nation's aging homes. Fortunately, the pace of market decline is projected to slow down in the latter half of 2024. Residential remodeling is anticipated to capitalize on the recovering housing m ...

Louisiana-Pacific (LPX) could be a solid choice for investors given the company's remarkably improving earnings outlook. While the stock has been a strong performer lately, this trend might continue since analysts are still raising their earnings estimates for the company.The rising trend in estimate revisions, which is a result of growing analyst optimism on the earnings prospects of this home construction supplier, should get reflected in its stock price. After all, empirical research shows a strong corre ...

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This housing-related company bucked the market and raised full-year guidance.Shares in siding and oriented strand board (OSB) company Louisiana-Pacific (LPX -1.33%) had risen by 17.1% for the week as of Friday morning. The little-followed stock is part of Warren Buffett's Berkshire Hathaway portfolio.That startling rise in the share price was powered by an excellent set of first-quarter results that saw Louisiana-Pacific blow past its guidance and led management to significantly boost its full-year guidance ...