LP Building Solutions (LPX) Tops Q3 EPS by 31c

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Go back to LP Building Solutions (LPX) Tops Q3 EPS by 31c

LP Building Solutions (LPX) Announces $500M Share Buyback, Reports Earnings

November 2, 2021 6:03 AM EDT

Louisiana-Pacific Corporation (LP) (NYSE: LPX) today reported its financial results for the three and nine months ended September 30, 2021.

Key Highlights for the Third Quarter

Net sales increased by 53% to $1.2 billionSiding Solutions net sales increased by 19% to $310 millionOSB net sales increased by $232 million to $600 million, $225 million of which was due to higher OSB pricesNet income attributed to LP was $365 million ($3.87 per diluted share)Cash provided by operating activities was $511 millionAdjusted EBITDA(1) was $522 millionAdjusted Diluted EPS(1) was $3.87 per... More