Louisiana-Pacific Corp. (LPX) Tops Q1 EPS by 75c

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LP Reports First Quarter 2016 Results

May 9, 2016 6:55 AM EDT

NASHVILLE, Tenn.--(BUSINESS WIRE)-- Louisiana-Pacific Corporation (LP) (NYSE: LPX) reported results today for the first quarter of 2016, which included the following:

Sales for the first quarter of $505 million were higher by 7 percent compared to the year ago quarter. Income from continuing operations was $10 million ($0.07 per diluted share). Non-GAAP adjusted income from continuing operations was $10 million ($0.07 per diluted share). Adjusted EBITDA from continuing operations for the first quarter was $52 million compared to $6 million in the first quarter of 2015.... More