DA Davidson Upgrades Louisiana-Pacific Corp (LPX) to Neutral
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LP Reports Fourth Quarter and Year End 2015 Results
February 11, 2016 6:55 AM ESTNASHVILLE, Tenn.--(BUSINESS WIRE)-- Louisiana-Pacific Corporation (LP) (NYSE: LPX) reported today results for the fourth quarter and year ended December 31, 2015, which included the following:
Total net sales for the fourth quarter of $463 million, 2 percent higher than the year ago quarter. Total net sales for the year were $1.9 billion, 2 percent lower than the previous year. Loss from continuing operations for the fourth quarter was $7 million ($0.05 per diluted share) and a loss of $86 million ($0.60 per diluted share) for the year. Non-GAAP adjusted... More