Louisiana-Pacific Corp. (LPX) Misses Q1 EPS by 1c

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LP Reports First Quarter 2017 Results

May 5, 2017 6:55 AM EDT

NASHVILLE, Tenn.--(BUSINESS WIRE)-- Louisiana-Pacific Corporation (LP) (NYSE: LPX) reported results today for the first quarter of 2017, which included the following:

Sales for the first quarter of $611 million were higher by 21 percent compared to the year ago quarter. Net income was $55 million ($0.38 per diluted share). Non-GAAP adjusted income from operations was $48 million ($0.33 per diluted share). Adjusted EBITDA for the first quarter was $112 million compared to $52 million in the first quarter of 2016.... More