Louisiana-Pacific Corporation (LPX) reported a 3.49% YoY revenue increase in Q4 2024 to $681M. Net income rose by 6.78% to $63M, while adjusted EPS surged by 45.07% to $1.03. Strong Siding sales growth offset a decline in OSB pricing, positioning LPX well for continued investment and expansion.
LP Building Solutions reported a decrease in consolidated net sales by 1% to $722 million. Siding sales increased by 22%, while OSB sales decreased by 24%. Net income was $90 million, a decrease of $27 million, and adjusted EPS was $1.22, a decrease of $0.40.
LP Building Solutions reported a strong second quarter in 2024, with consolidated net sales increasing by 33% to $814 million and net income reaching $160 million. The company experienced significant growth in both Siding and OSB segments, driven by higher sales volumes and prices. Adjusted EBITDA increased to $229 million, reflecting the company's strategic execution and cost control.
LP Building Solutions reported a 24% increase in consolidated net sales to $724 million and a net income of $108 million for Q1 2024, driven by strong demand for Siding and OSB.
LP Building Solutions reported a decrease in net sales by 7% to $658 million. Net income increased by $69 million to $59 million, and adjusted diluted EPS increased by $0.10 to $0.71 per share.
LP Building Solutions reported a decrease in net sales by 15% to $728 million, and a decrease in income from continuing operations by $11 million to $118 million, compared to Q3 2022. The company reaffirmed its full-year siding guidance and expects OSB net sales to be sequentially lower in Q4 2023.
LP Building Solutions reported a decrease in net sales by 46% to $611 million and a net loss of $20 million for Q2 2023, compared to a net income of $384 million in Q2 2022. The decrease was primarily driven by lower OSB prices and sales volumes, although siding prices increased. Adjusted EBITDA decreased to $93 million from $491 million year-over-year, and adjusted diluted EPS decreased to $0.55 per share from $4.19 per share.