Louisiana-Pacific Corp. (LPX) Tops Q2 EPS by 27c

Louisiana-Pacific Corp. (NYSE: LPX) reported Q2 EPS of $0.43, $0.27 better than the analyst estimate of $0.16. Revenue for the quarter came in at $548 million versus the consensus estimate of $530.64 million.

2020 Full Year Guidance

LP’s guidance is based on current plans and expectations and is subject to a number of known and unknown uncertainties and risks, including those related to the COVID-19 pandemic and set forth below in “Forward-Looking Statements.”

• LP continues to expect 2020 capital expenditures to be approximately $70 million.
• LP continues to suspend its SmartSide strand sales growth guidance for the full year 2020 but expects high single digit growth for the third quarter.

For earnings history and earnings-related data on Louisiana-Pacific Corp. (LPX) click here.

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