8-K
filed February 14, 2024, 6:59 PM ET
ticker LPX
CIK 0000060519
earnings
confidence high
sentiment neutral
materiality 0.75
LPX Q4 net sales $658M (-7%), net income $59M vs -$10M; guides 2024 Siding $1.25-1.35B
LOUISIANA-PACIFIC CORP
2023-FY EPS reported
$2.46
revenue$2,581,000,000
- Siding net sales down 14% to $332M; OSB net sales up 6% to $272M.
- Adjusted EBITDA $129M vs $100M; Adjusted diluted EPS $0.71 vs $0.61.
- Full year net sales down 33% to $2.6B; net income $178M vs $1.083B.
- Guidance: Q1 2024 total sales $565-600M; FY2024 capex $200-250M.
- Board approved $150M share repurchase program.
Key facts
Extracted from this filing and checked against the source text.
Earnings Releases
SEC 8-K Item 2.02
confidence 0.9
LOUISIANA-PACIFIC CORP reported the quarter ended December 31, 2023 results: revenue $272 million.
- Period
- the quarter ended December 31, 2023
- Revenue
- $272 million
- Result
- reported results
Exact text from the filing
million on lower volumes partially offset by higher prices • Oriented Strand Board (OSB) net sales increased by 6% to $272 million • Consolidated net sales decreased by 7% to $658 million • Net income was $59 million, an increase of $69 million • Net income per diluted share was $0.81 per share, an increase of $0.92 per share • Adjusted EBITDA (1) was $129
View on SEC.gov
Earnings Releases
SEC 8-K Item 2.02
confidence 0.9
LOUISIANA-PACIFIC CORP reported the quarter ended December 31, 2023 results: revenue $272 million.
- Period
- the quarter ended December 31, 2023
- Revenue
- $272 million
- Result
- reported results
Exact text from the filing
Siding net sales decreased by 14% to $332 million on lower volumes partially offset by higher prices
View on SEC.gov
Earnings Releases
SEC 8-K Item 2.02
confidence 0.9
LOUISIANA-PACIFIC CORP reported the quarter ended December 31, 2023 results: revenue $272 million.
- Period
- the quarter ended December 31, 2023
- Revenue
- $272 million
- Result
- reported results
Exact text from the filing
Oriented Strand Board (OSB) net sales increased by 6% to $272 million
View on SEC.gov
Earnings Releases
SEC 8-K Item 2.02
confidence 0.9
LOUISIANA-PACIFIC CORP reported the year ended December 31, 2023 results: revenue $1.0 billion.
- Period
- the year ended December 31, 2023
- Revenue
- $1.0 billion
- Result
- reported results
Exact text from the filing
Year, Compared to Prior Year • Siding net sales decreased by 10% to $1.3 billion • OSB net sales decreased by 50% to $1.0 billion • Consolidated net sales decreased by 33% to $2.6 billion • Net income was $178 million, a decrease of $905 million • Net income per diluted share was $2.46 per share, a decrease of $11.41 per share • Adjusted EBITDA (1) was $478
View on SEC.gov
Earnings Releases
SEC 8-K Item 2.02
confidence 0.9
LOUISIANA-PACIFIC CORP reported the year ended December 31, 2023 results: revenue $1.0 billion.
- Period
- the year ended December 31, 2023
- Revenue
- $1.0 billion
- Result
- reported results
Exact text from the filing
Siding net sales decreased by 10% to $1.3 billion
View on SEC.gov
Earnings Releases
SEC 8-K Item 2.02
confidence 0.9
LOUISIANA-PACIFIC CORP reported the year ended December 31, 2023 results: revenue $1.0 billion.
- Period
- the year ended December 31, 2023
- Revenue
- $1.0 billion
- Result
- reported results
Exact text from the filing
OSB net sales decreased by 50% to $1.0 billion
View on SEC.gov
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