Louisiana-Pacific Corp. (LPX) Tops Q4 EPS by 4c

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LP Reports Fourth Quarter and Year End 2016 Results

February 8, 2017 6:55 AM EST

NASHVILLE, Tenn.--(BUSINESS WIRE)-- Louisiana-Pacific Corporation (LP) (NYSE: LPX) reported today results for the fourth quarter and year ended December 31, 2016, which included the following:

Total net sales for the fourth quarter of $550 million, 19 percent higher than the year ago quarter. Total net sales for the year were $2.2 billion, 18 percent higher than the previous year. Income from continuing operations for the fourth quarter was $43 million ($0.29 per diluted share) and income of $150 million ($1.03 per diluted share) for the year. Non-GAAP adjusted income from... More