Louisiana-Pacific Q2 Adj. EPS $0.55 Misses $0.64 Estimate, Sales $611.00M Miss $668.20M Estimate
Portfolio Pulse from Benzinga Newsdesk
Louisiana-Pacific (NYSE:LPX) reported Q2 adjusted earnings of $0.55 per share, missing the analyst consensus estimate of $0.64 by 14.06%. This is a 87.96% decrease from the same period last year. The company also reported quarterly sales of $611.00 million, missing the analyst consensus estimate of $668.20 million by 8.56%. This is a 45.93% decrease from the same period last year.
August 04, 2023 | 10:46 am
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Louisiana-Pacific's Q2 earnings and sales missed estimates, marking a significant decrease from the same period last year.
Louisiana-Pacific's earnings and sales for Q2 significantly missed analyst estimates and decreased from the same period last year. This could negatively impact investor sentiment and potentially lead to a decrease in the company's stock price in the short term.
CONFIDENCE 100
IMPORTANCE 100
RELEVANCE 100