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UNCOVERED: Lpx | History Defined

Louisiana-Pacific's Return on Invested Capital Insights

According to Benzinga Pro, during Q4, Louisiana-Pacific (NYSE:LPX) earned $190.00 million, a 47.8% increase from the preceding quarter. Louisiana-Pacific's sales decreased to $992.00 million, a 18.62% change since Q3.

Benzinga · Feb 23, 2022

Louisiana-Pacific Q4 Earnings Top Estimates

Louisiana-Pacific Q4 Earnings Top Estimates

Louisiana-Pacific Corp (NYSE:LPX) reported fourth-quarter FY21 sales growth of 15% year-on-year, to $992 million, beating the consensus of $912.74 million. Sales by segments: Siding $281 million (+9% Y/Y), Oriented Strand Board $470 million (+10% Y/Y), Engineered Wood Products $157 million (+45.4% Y/Y), and South America $63 million (+26% Y/Y). The gross margin contracted by…

Benzinga · Feb 22, 2022

Louisiana-Pacific Boosts Quarterly Dividend By 22%

Louisiana-Pacific Boosts Quarterly Dividend By 22%

Louisiana-Pacific Corp (NYSE:LPX) (LP Building Solutions) declared a 22% increase in its quarterly cash dividend to $0.22 per share, up from its previous $0.18 per share dividend. The dividend is payable on March 14, 2022, to shareholders of record as of February 28, 2022. Also read: Resolute Strengthens Wood Products Business Via I-Joist Partnership…

Benzinga · Feb 18, 2022

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Goldman Sachs Upgrades Louisiana-Pacific To Neutral

Goldman Sachs analyst Susan Maklari upgraded Louisiana-Pacific Corp (NYSE:LPX) to Neutral from Sell and raised the price target to $84, from $59. Maklari mentions the supply/demand backdrop suggests limited downside in wood products stocks over the coming quarters as volumes remain elevated and pricing power persists. The analyst adds that Louisiana-Pacific should see additional siding…

Benzinga · Jan 21, 2022

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