Louisiana-Pacific Corp. (LPX) Tops Q4 EPS by 14c, Beats on Revenues

Louisiana-Pacific Corp. (NYSE: LPX) reported Q4 EPS of $0.72, $0.14 better than the analyst estimate of $0.58. Revenue for the quarter came in at $711 million versus the consensus estimate of $664.59 million.

• Total net sales for the fourth quarter of $711 million, 29 percent higher than the year ago quarter. Total net sales for the year were $2.7 billion, 22 percent higher than the previous year.
• Income from continuing operations for the fourth quarter was $131 million ($0.89 per diluted share) and income of $391 million ($2.67 per diluted share) for the year.
• Non-GAAP adjusted income from continuing operations was $107 million ($0.73 per diluted share) for the fourth quarter and income of $341 million ($2.33 per diluted share) for the year.
• Adjusted EBITDA from continuing operations for the fourth quarter was $199 million compared to $85 million in the fourth quarter of 2016. For the year, Adjusted EBITDA from continuing operations was $667 million compared to $346 million the previous year.

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

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