Core Viewpoint - Louisiana-Pacific (LPX) is positioned well to potentially beat earnings estimates in its upcoming quarterly report, supported by a solid history of exceeding expectations [1]. Earnings Performance - Louisiana-Pacific has a strong track record of surpassing earnings estimates, with an average surprise of 7.23% over the last two quarters [2]. - In the last reported quarter, the company achieved earnings of $0.99 per share, exceeding the Zacks Consensus Estimate of $0.97 per share by 2.06%. In the previous quarter, it reported earnings of $1.27 per share against an expectation of $1.13 per share, resulting in a surprise of 12.39% [3]. Earnings Estimates - Recent estimates for Louisiana-Pacific have been trending upward, with a positive Zacks Earnings ESP (Expected Surprise Prediction) indicating a strong likelihood of an earnings beat [5][8]. - The current Earnings ESP for Louisiana-Pacific stands at +4.05%, reflecting increased analyst optimism regarding the company's earnings prospects [8]. Predictive Metrics - Stocks with a positive Earnings ESP and a Zacks Rank of 3 (Hold) or better have historically produced positive surprises nearly 70% of the time, suggesting a high probability of beating consensus estimates [6]. - The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate, with the Most Accurate Estimate being more reflective of recent analyst revisions [7].
Why Louisiana-Pacific (LPX) is Poised to Beat Earnings Estimates Again