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Louisiana-Pacific Corp. (LPX)
NYSE:LPX
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Earnings Data
Report Date
Feb 25, 2025TBA Not Confirmed
Period Ending
2024 (Q4)Consensus EPS Forecast
$0.76Last Year’s EPS
$0.71Same Quarter Last Year
Based on 9 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Nov 05, 2024
|% Change Since: 3.46%
|Next Earnings Date:Feb 25, 2025
Earnings Call Sentiment|Positive
The earnings call highlighted significant achievements in the siding segment and strong financial performance, including record sales and positive environmental and safety accolades. However, there are challenges with the softening housing market and OSB price impacts. Overall, the company remains confident in its strategy and future growth outlook.Company Guidance
During the Q3 2024 earnings call for Louisiana-Pacific Corporation (LPX), guidance was provided for the fourth quarter and full year, highlighting several key metrics. Siding net sales were projected to grow by 9% to 10% in Q4, contributing to a total expected full-year sales growth of approximately 17%, reaching about $1.55 billion. Siding's EBITDA for Q4 was anticipated to be between $70 million and $80 million, leading to a full-year EBITDA range of $390 million to $400 million, with a margin target of 25%. Despite seasonal maintenance costs impacting Q4 results, the company expects full-year 2024 EBITDA to be between $655 million and $675 million, a $65 million increase from prior guidance. Capital expenditures for 2024 were projected to be around $200 million, with a significant increase anticipated in 2025 to accommodate new siding capacity expansions, with total investments estimated between $350 million and $375 million.Siding Segment Growth
Siding net sales grew by 22%, setting new records for sales and EBITDA. This was driven by ongoing improvements in export finished margins.
Record Quarter for ExpertFinish
ExpertFinish achieved another record quarter for both revenue and margin, driven by higher volumes and efficiency improvements.
Strong Cash Flow and Shareholder Returns
The company generated $184 million in operating cash flow, with $91 million returned to shareholders through dividends and share repurchases.
Environmental and Safety Achievements
LP published environmental product declarations confirming key products are carbon negative, and received the 2023 Safest Company Award from API.
Updated Positive Guidance
The company expects higher full-year guidance for EBITDA between $655 million and $675 million, with siding revenue growth of about 17%.
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LPX Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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LPX Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Nov 05, 2024 | $100.90 | $108.25 | +7.28% |
| Aug 07, 2024 | $93.49 | $94.42 | +0.99% |
| May 08, 2024 | $72.39 | $87.44 | +20.79% |
| Feb 14, 2024 | $67.88 | $69.31 | +2.11% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Louisiana-Pacific Corp. (LPX) report earnings?
Louisiana-Pacific Corp. (LPX) is schdueled to report earning on Feb 25, 2025, TBA Not Confirmed.
What is Louisiana-Pacific Corp. (LPX) earnings time?
Louisiana-Pacific Corp. (LPX) earnings time is at Feb 25, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is LPX EPS forecast?
LPX EPS forecast for the fiscal quarter 2024 (Q4) is $0.76.
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