Louisiana-Pacific's (LPX) Stock Rallies 21% YTD: Here's Why

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 ...