secwatch.observer — SEC 8-K summary
======================================

Issuer:     LOUISIANA-PACIFIC CORP (LPX)
CIK:        0000060519
Form:       8-K
Filed at:   2022-11-01T23:59:59+00:00
Accession:  0001628280-22-027446
Event type: earnings
Sentiment:  negative
Materiality: 0.85
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

LP Q3 net sales down 16% to $852M; OSB revenue falls 35%, EPS $1.74
-------------------------------------------------------------------

- Net sales $852M (-16% YoY); Siding Solutions up 27% to $393M, OSB down 35% to $388M.
- Income from continuing operations $129M ($1.74/diluted share) vs $332M ($3.54) prior year.
- Adjusted EBITDA $200M vs $481M; Adjusted diluted EPS $1.72 vs $3.52.
- Q4 2022 outlook: Siding volumes expected to be up mid-single digits YoY; OSB prices to decline sequentially.
- Capital allocation update: $400M share repurchase authorization remains; quarterly dividend unchanged.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/60519/000162828022027446/0001628280-22-027446-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/60519/000162828022027446/lpx-20221101.htm
  HTML page:      https://secwatch.observer/filing/0001628280-22-027446

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer