earnings
confidence high
sentiment negative
materiality 0.75
LP Q3 2023 net sales down 15% to $728M; diluted EPS $1.63 vs $1.74 YoY
LOUISIANA-PACIFIC CORP
2023-Q3 EPS reported
$1.65
revenue$1,923,000,000
- Net sales $728M, down 15% YoY; siding $345M (-13%), OSB $335M (-14%).
- Income from continuing ops $118M ($1.63/diluted share); down $11M and $0.11 YoY.
- Adjusted EBITDA $190M (down $10M); adjusted diluted EPS $1.62 (down $0.10).
- Cash from operations $187M in Q3; full-year siding guidance reaffirmed.