LP Q3 2024: siding sales record $420M (+22% YoY); full-year guidance raised

LOUISIANA-PACIFIC CORP

2024-Q3 EPS reported $5.00 revenue$2,261,000,000

Siding segment net sales record $420M, up 22% YoY; earnings also a record.
OSB net sales fell 24% to $253M; consolidated net sales down 1% to $722M.
Net income $90M ($1.28 diluted EPS) vs $117M ($1.63) a year ago; adjusted EPS $1.22.
Adjusted EBITDA $153M, down $37M YoY; cash from operations $184M.
Quarterly cash dividend declared $0.26/share, payable Nov 27 to holders of record Nov 20.

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