Louisiana-Pacific Q2 2024 Adj. EPS $2.09 Beats $1.93 Estimate, Sales $814.000M Beat $797.264M Estimate
Portfolio Pulse from Benzinga Newsdesk
Louisiana-Pacific (NYSE:LPX) reported strong Q2 2024 earnings, with an adjusted EPS of $2.09 beating the $1.93 estimate and sales of $814 million surpassing the $797.264 million estimate. This represents a significant year-over-year increase in both earnings and sales.
August 07, 2024 | 10:02 am
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Louisiana-Pacific (NYSE:LPX) reported Q2 2024 earnings of $2.09 per share, beating the $1.93 estimate by 8.29%. Sales were $814 million, surpassing the $797.264 million estimate. This marks a significant year-over-year increase in both earnings and sales.
The strong earnings and sales performance, significantly beating analyst estimates and showing substantial year-over-year growth, are likely to positively impact LPX's stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100