secwatch.observer — SEC 8-K summary
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Issuer:     LOUISIANA-PACIFIC CORP (LPX)
CIK:        0000060519
Form:       8-K
Filed at:   2024-08-07T23:59:59+00:00
Accession:  0001628280-24-035274
Event type: earnings
Sentiment:  positive
Materiality: 0.78
Item codes: 2.02, 9.01, 8.01
LLM model:  deepseek-v4-flash:cloud@v2

LP reports Q2 2024 record Siding sales, guidance raise; declares $0.26 dividend
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- Siding net sales rose 30% to $415M; OSB net sales up 53% to $351M; consolidated net sales $814M (+33% YoY).
- Net income $160M ($2.23 diluted EPS) vs loss of $21M in Q2 2023; Adjusted Diluted EPS $2.09 (up $1.54).
- Adjusted EBITDA hit $229M, up $135M from Q2 2023; operating cash flow $212M (up $124M).
- Company raised Q3 and full-year 2024 Siding guidance (record sales and earnings).
- Declared $0.26 quarterly dividend, payable Sept 3 to holders of record Aug 20.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/60519/000162828024035274/0001628280-24-035274-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/60519/000162828024035274/lpx-20240807.htm
  HTML page:      https://secwatch.observer/filing/0001628280-24-035274

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