Why Louisiana-Pacific (LPX) Could Beat Earnings Estimates Again

Core Insights - Louisiana-Pacific (LPX) has consistently surpassed earnings estimates, averaging a 25.50% beat over the last two quarters [1][2] - The company reported earnings of $1.22 per share against a consensus estimate of $0.88, resulting in a surprise of 38.64% for the last quarter [2] - The positive Earnings ESP of +21.14% indicates bullish sentiment among analysts regarding Louisiana-Pacific's near-term earnings potential [6] Earnings Performance - In the previous quarter, Louisiana-Pacific's earnings were $2.09 per share, exceeding the expected $1.86, which resulted in a surprise of 12.37% [2] - The company's strong earnings history has led to upward revisions in estimates, contributing to a positive Earnings ESP [3][6] Earnings ESP and Zacks Rank - The combination of a positive Earnings ESP and a Zacks Rank of 3 (Hold) suggests a high likelihood of another earnings beat, with historical data indicating a nearly 70% success rate for stocks with this profile [4][6] - The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate, reflecting the latest analyst revisions [5] Future Outlook - Louisiana-Pacific's next earnings report is anticipated on February 19, 2025, and the current positive indicators suggest potential for continued strong performance [6]