Louisiana-Pacific Corp ( LPX ) reported first-quarter financial results ahead of the open on Tuesday. Here’s a look at the key details from the quarter.

Q1 Earnings: Louisiana-Pacific ( LPX ) reported first-quarter revenue of $724 million, beating analyst estimates of $711.08 million, according to Benzinga Pro. The building materials manufacturer reported adjusted earnings of $1.27 per share, beating analyst estimates of $1.19 per share.

Total sales in the first quarter were flat as siding revenue grew 11% year-over-year and oriented strand board (OSB) revenue decreased by 15% year-over-year. The company said it generated $64 million in cash from operations during the quarter.

The company ended the period with approximately $256 million in cash and cash equivalents, down from $340 million at the end of 2024. The company noted that it had $1 billion of total liquidity at quarter’s end.

“Despite tariff uncertainty and a slow start to the building season, LP’s Siding order file is on pace for a record second quarter, driven by ExpertFinish growth, share gains in new residential construction, and a recovering shed market,” said Brad Southern, chairperson and CEO of Louisiana-Pacific ( LPX ).

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Louisiana-Pacific ( LPX ) announced a quarterly cash dividend of 28 cents per share, payable on June 3 to shareholders of record as of May 20.

Guidance: Louisiana-Pacific ( LPX ) expects siding sales to grow 9% to 10% in the second quarter and more than 9% for full-year 2025. The company expects full-year capital expenditures of approximately $410 million.

Louisiana-Pacific ( LPX ) executives will further discuss the company’s quarterly results on a conference call scheduled for 11 a.m. ET.

LPX Price Action: Louisiana-Pacific ( LPX ) shares were down 0.61% at $87 at the time of publication Tuesday, per Benzinga Pro.