Here is What to Know Beyond Why Louisiana-Pacific Corporation (LPX) is a Trending Stock

Core Viewpoint - Louisiana-Pacific (LPX) has shown strong stock performance recently, with a return of +10.9% over the past month, significantly outperforming the S&P 500 composite's +1.2% change [2] Earnings Estimates Revisions - For the current quarter, Louisiana-Pacific is expected to post earnings of $0.79 per share, reflecting an increase of +11.3% year-over-year, with the Zacks Consensus Estimate changing by +2.3% in the last 30 days [5] - The consensus earnings estimate for the current fiscal year is $5.64, indicating a substantial increase of +75.2% from the previous year, with a +4.6% change in the last month [5] - For the next fiscal year, the consensus estimate is $5.37, which represents a decrease of -4.9% from the expected report a year ago, with a +4.7% change recently [6] Revenue Growth Projections - The consensus sales estimate for the current quarter is $664.35 million, showing a year-over-year increase of +1% [9] - For the current fiscal year, the sales estimate is $2.92 billion, indicating a growth of +13.1%, while the next fiscal year's estimate of $3.04 billion reflects a +4% change [9] Recent Performance and Surprises - Louisiana-Pacific reported revenues of $722 million in the last quarter, a slight decline of -0.8% year-over-year, with an EPS of $1.22 compared to $1.62 a year ago [10] - The reported revenues exceeded the Zacks Consensus Estimate of $699.7 million by +3.19%, and the EPS surprise was +38.64% [11] - The company has consistently beaten consensus EPS and revenue estimates over the past four quarters [11] Valuation Metrics - Louisiana-Pacific is graded C on the Zacks Value Style Score, indicating it is trading at par with its peers [15] - The assessment of valuation multiples such as P/E, P/S, and P/CF is essential to determine if the stock is fairly valued compared to its historical values and peers [13][14] Conclusion - The analysis suggests that Louisiana-Pacific may outperform the broader market in the near term, supported by its Zacks Rank 2 [16]