Louisiana-Pacific Corp. (LPX) Tops Q2 EPS by 27c

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LP Reports Second Quarter 2020 Results and Announces Quarterly Dividend

August 4, 2020 6:00 AM EDT

NASHVILLE, Tenn.--(BUSINESS WIRE)-- Louisiana-Pacific Corporation (LP) (NYSE: LPX) today reported its financial results for the three and six months ended June 30, 2020.

Key Highlights for the Second Quarter

Total net sales decreased by seven percent to $548 million LP® SmartSide® strand revenue increased by four percent to $207 million OSB segment revenue increased by three percent to $204 million - 16% lower volume offset by 22% higher prices EWP segment revenue decreased by $28 million The strategic exit of SmartSide fiber and CanExel® decreased net... More