Louisiana-Pacific Corp. (LPX) Tops Q3 EPS by 11c, Revenues Beat
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LP Reports Third Quarter 2020 Results and Announces Quarterly Dividend
November 3, 2020 6:00 AM ESTNASHVILLE, Tenn.--(BUSINESS WIRE)-- Louisiana-Pacific Corporation (LP) (NYSE: LPX) today reported its financial results for the three and nine months ended September 30, 2020.
Key Highlights for the Third Quarter versus Same Quarter Prior Year
Total net sales increased by 32% to $795 million LP® SmartSide® siding revenue increased by 22% to $260 million - 19% higher sales volume and 3% higher prices OSB segment revenue increased by 87% to $368 million - 97% higher prices offset by 5% lower sales volume South America revenue increased by 25% to $45 million - 33%... More
