Louisiana-Pacific Corp. (LPX) Misses Q1 EPS by 2c

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LP Reports First Quarter 2018 Results

May 7, 2018 6:55 AM EDT

NASHVILLE, Tenn.--(BUSINESS WIRE)-- Louisiana-Pacific Corporation (LP) (NYSE: LPX) reported results today for the first quarter of 2018, which included the following:

Sales for the first quarter of $691 million were higher by 13 percent compared to the year ago quarter. Income from continuing operations was $95 million ($0.65 per diluted share) compared to $55 million ($0.38 per diluted share) in the first quarter of 2017. Non-GAAP adjusted income from continuing operations was $93 million ($0.63 per diluted share). Adjusted EBITDA from continuing operations for the first... More