Louisiana-Pacific (LPX) Up 2.8% Since Last Earnings Report: Can It Continue?

Core Viewpoint - Louisiana-Pacific (LPX) shares have increased by approximately 2.8% since the last earnings report, underperforming the S&P 500, raising questions about the sustainability of this trend leading up to the next earnings release [1] Estimates Movement - Estimates for Louisiana-Pacific have trended downward over the past month, with the consensus estimate shifting down by 26.47% [2] VGM Scores - Louisiana-Pacific has a subpar Growth Score of D and a Momentum Score of F, while it holds a middle-tier Value Score of C, resulting in an overall aggregate VGM Score of D [3] Outlook - The downward trend in estimates indicates a negative outlook for Louisiana-Pacific, which currently holds a Zacks Rank of 3 (Hold), suggesting an expectation of in-line returns in the coming months [4] Industry Performance - Louisiana-Pacific is part of the Zacks Building Products - Wood industry, where Rayonier (RYN) has shown no change in share price over the past month. Rayonier reported revenues of $82.9 million for the last quarter, reflecting a year-over-year decline of 50.7% [5] - Rayonier is projected to earn $0.03 per share for the current quarter, indicating a year-over-year increase of 50%, although the Zacks Consensus Estimate has decreased by 11.1% over the last 30 days. Rayonier also holds a Zacks Rank of 3 (Hold) and has a VGM Score of F [6]