DA Davidson Downgrades Louisiana-Pacific Corp (LPX) to Underperform
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LP Reports First Quarter 2015 Results
May 5, 2015 8:01 AM EDTNASHVILLE, Tenn.--(BUSINESS WIRE)-- Louisiana-Pacific Corporation (LP) (NYSE: LPX) reported today results for the first quarter of 2015, which included the following:
Sales for the first quarter of $472 million were higher by 6 percent compared to the year ago quarter. Loss from continuing operations was $35 million ($0.24 per diluted share). Non-GAAP adjusted loss from continuing operations was $19 million ($0.13 per diluted share). Adjusted EBITDA from continuing operations for the first quarter was $6 million compared to $23 million in the first quarter of 2014.... More