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Louisiana-Pacific's Q1 Adjusted Earnings, Net Sales Rise
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Louisiana-Pacific's Q1 Adjusted Earnings, Net Sales Rise
May 8, 2024 4:19 AM

07:10 AM EDT, 05/08/2024 (MT Newswires) -- Louisiana-Pacific ( LPX ) reported Q1 adjusted earnings Wednesday of $1.53 per diluted share, up from $0.34 a year earlier.

Analysts polled by Capital IQ expected $1.13.

Net sales for the quarter ended March 31 were $724 million, up from $584 million a year ago.

Analysts surveyed by Capital IQ expected $686.8 million.

Louisiana-Pacific ( LPX ) shares were up more than 10% in recent Wednesday premarket activity.

Price: 80.56, Change: +7.59, Percent Change: +10.40

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