Louisiana-Pacific (LPX) Tops Q4 EPS by 7c

Louisiana-Pacific (NYSE: LPX) reported Q4 EPS of $0.61, $0.07 better than the analyst estimate of $0.54. Revenue for the quarter came in at $75 million versus the consensus estimate of $694.95 million.

Q1 2023 Outlook

• Siding Solutions first quarter of 2023 revenue is expected to decrease year-over-year by up to 5%
• OSB revenue in the first quarter of 2023 is expected to be sequentially lower than the fourth quarter of 2022 by approximately 20%, assuming that OSB prices published by Random Lengths remain unchanged from those published on February 17, 2023. This is an assumption for modeling purposes and not a price forecast
• Under these assumptions, adjusted EBITDA(2) for the first quarter of 2023 is expected to be at least $35 million

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

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