Louisiana-Pacific Third Quarter 2024 Earnings: Beats Expectations

Louisiana-Pacific (NYSE:LPX) Third Quarter 2024 Results

Key Financial Results

• Revenue: US$722.0m (flat on 3Q 2023).
• Net income: US$90.0m (down 24% from 3Q 2023).
• Profit margin: 13% (down from 16% in 3Q 2023).
• EPS: US$1.29 (down from US$1.64 in 3Q 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

Louisiana-Pacific Revenues and Earnings Beat Expectations

Revenue exceeded analyst estimates by 6.0%. Earnings per share (EPS) also surpassed analyst estimates by 45%.

Looking ahead, revenue is forecast to grow 5.8% p.a. on average during the next 3 years, compared to a 4.4% growth forecast for the Forestry industry in North America.

Performance of the market in the US.

The company's shares are up 11% from a week ago.

Risk Analysis

What about risks? Every company has them, and we've spotted 1 warning sign for Louisiana-Pacific you should know about.

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