Louisiana-Pacific Q3 Adj EPS $1.62 Beats $1.54 Estimate, Sales $728.00M Beat $727.17M Estimate
Portfolio Pulse from Benzinga Newsdesk
Louisiana-Pacific (NYSE:LPX) reported Q3 adjusted earnings of $1.62 per share, beating the analyst consensus estimate of $1.54 by 5.19%. However, this is a 5.81% decrease from the same period last year. The company also reported quarterly sales of $728.00 million, slightly beating the analyst consensus estimate of $727.17 million by 0.11%, but this is a 14.55% decrease from the same period last year.
November 01, 2023 | 10:02 am
News sentiment analysis
Sort by:
Ascending
NEUTRAL IMPACT
Louisiana-Pacific's Q3 earnings and sales beat estimates, but both are down from the same period last year. This mixed result could lead to uncertain market reactions.
While Louisiana-Pacific beat Q3 earnings and sales estimates, the YoY decrease in both figures could be a concern for investors. This mixed result may lead to uncertain short-term price movements.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 100