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Louisiana-Pacific: Q1 Earnings Snapshot
By Ap News - May 08, 2024, 06:52 AM ET
Last Updated - May 27, 2024, 01:00 AM EDT
NASHVILLE, Tenn. (AP) — NASHVILLE, Tenn. (AP) — Louisiana-Pacific Corp. (LPX) on Wednesday reported first-quarter net income of $108 million.
On a per-share basis, the Nashville, Tennessee-based company said it had net income of $1.48. Earnings, adjusted for non-recurring costs, were $1.53 per share.
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The results exceeded Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of $1.13 per share.
The home construction supplier posted revenue of $724 million in the period.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on LPX at https://www.zacks.com/ap/LPX
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