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Louisiana-Pacific: Q2 Earnings Snapshot

Louisiana-Pacific: Q2 Earnings Snapshot

By AP News
Published - Aug 07, 2024, 06:15 AM ET
Last Updated - Aug 07, 2024, 06:15 AM EDT

NASHVILLE, Tenn. (AP) — NASHVILLE, Tenn. (AP) — Louisiana-Pacific Corp. (LPX) on Wednesday reported second-quarter earnings of $160 million.

On a per-share basis, the Nashville, Tennessee-based company said it had net income of $2.23. Earnings, adjusted for pretax gains, were $2.09 per share.

The results beat Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of $1.86 per share.

The home construction supplier posted revenue of $814 million in the period.

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