Louisiana-Pacific (NYSE:LPX) Releases Quarterly Earnings Results, Beats Expectations By $0.18 EPS

Louisiana-Pacific (NYSE:LPX) released its quarterly earnings data on Tuesday. The building manufacturing company reported $0.39 EPS for the quarter, beating the consensus estimate of $0.21 by $0.18, Zacks reports. The company had revenue of $691.00 million for the quarter, compared to analysts’ expectations of $671.27 million. Louisiana-Pacific had a return on equity of 4.84% and a net margin of 2.72%. Louisiana-Pacific’s revenue was up 4.2% compared to the same quarter last year. During the same period last year, the firm posted $0.36 earnings per share.

Here are the key takeaways from Louisiana-Pacific’s conference call:

• Siding returned to growth in Q3, with volumes up 2% and net sales up 7% to a record $473 million despite a 2% decline in single-family housing starts. LP expects roughly 3% siding growth in Q4 and raised the lower end of its full-year revenue and EBITDA outlook.
• LP’s expanded siding distribution network is intended to improve geographic coverage, partner exclusivity, and sales execution. Management said Q3 sell-through was robust, with ExpertFinish sell-through up 8% year over year and 13% sequentially, while new builder relationships—including Taylor Morrison—could support future share gains.
• OSB remained challenged, posting a $24 million EBITDA loss as average prices were slightly below last year and raw-material and labor inflation persisted. LP indefinitely curtailed its Jasper, Texas, mill and temporarily idled its Maniwaki, Quebec, mill in response to weak demand, with Q4 OSB EBITDA expected to be approximately negative $35 million.
• Inflation continues to pressure profitability, particularly through MDI resin, paper overlay, diesel, and freight costs. Siding absorbed $12 million of raw-material pressure and $6 million of freight pressure in Q3, and management expects Q4 price-cost performance to be more challenging before planned price increases are realized in January 2027.
• LP generated $112 million of operating cash flow in Q3, ended the period with $265 million in cash and more than $1 billion of total liquidity, and maintained investment in SmartSide and ExpertFinish capacity. Full-year company EBITDA guidance was improved to $270 million-$280 million.

Louisiana-Pacific Stock Performance

LPX stock traded down $2.39 during midday trading on Thursday, hitting $76.43. 834,873 shares of the stock traded hands, compared to its average volume of 1,166,604. The stock’s fifty day simple moving average is $68.67 and its 200-day simple moving average is $75.18. Louisiana-Pacific has a 1-year low of $62.18 and a 1-year high of $100.34. The firm has a market cap of $5.34 billion, a P/E ratio of 77.89, a PEG ratio of 5.74 and a beta of 1.67. The company has a debt-to-equity ratio of 0.20, a current ratio of 2.75 and a quick ratio of 1.67.

Key Headlines Impacting Louisiana-Pacific

Here are the key news stories impacting Louisiana-Pacific this week:

• Positive Sentiment: Third-quarter results beat expectations: Louisiana-Pacific reported EPS of $0.39 versus the $0.21 consensus and revenue of $690 million versus estimates of $671.27 million. Siding sales reached a record $473 million, and the earnings-call coverage highlighted momentum in the business. Louisiana-Pacific Shares Rise 5% as Q3 Earnings Beat Expectations and Siding Sales Reach Record $473 Million Louisiana-Pacific Earnings Call Shows Siding Momentum
• Positive Sentiment: RBC raised its target to $85 from $84 and maintained an Outperform rating, indicating continued analyst confidence. RBC Raises Price Target on Louisiana-Pacific to $85 From $84, Keeps Outperform Rating
• Negative Sentiment: Barclays cut its target from $88 to $86, while retaining an Overweight rating. Truist also lowered its target, from $89 to $84, but reaffirmed its Buy rating. The reductions suggest some analysts see less upside, even as their recommendations remain positive. Barclays Stock Recommendations Truist Trims Price Target on Louisiana-Pacific to $84 From $89, Keeps Buy Rating

Analyst Upgrades and Downgrades

Several equities research analysts recently issued reports on the stock. Weiss Ratings upgraded shares of Louisiana-Pacific from a “sell (d+)” rating to a “hold (c-)” rating in a report on Wednesday, September 2nd. TD boosted their target price on shares of Louisiana-Pacific from $86.00 to $90.00 and gave the company a “buy” rating in a research note on Tuesday, July 14th. Wolfe Research assumed coverage on Louisiana-Pacific in a research note on Thursday, September 10th. They issued an “outperform” rating and a $90.00 price target on the stock. Royal Bank Of Canada lifted their price objective on Louisiana-Pacific from $84.00 to $85.00 and gave the stock an “outperform” rating in a report on Wednesday. Finally, The Goldman Sachs Group decreased their price target on shares of Louisiana-Pacific from $74.00 to $64.00 and set a “sell” rating on the stock in a research report on Monday, October 12th. Eleven equities research analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $88.50.

About Louisiana-Pacific

Louisiana-Pacific Corporation (NYSE: LPX) is a manufacturer of building products used in residential, repair and remodeling, and outdoor construction. The company produces engineered wood products designed for use in structural framing, exterior siding, trim, and other building applications.

Its product portfolio includes LP SmartSide siding and trim, oriented strand board and other structural panel products, and solutions for outdoor buildings and construction projects. Louisiana-Pacific markets its products through building-material distributors, retailers, and specialty dealers.

Founded in 1972, Louisiana-Pacific is headquartered in Nashville, Tennessee.