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Sep 30, 2024
Louisiana-Pacific Q3 2024 Earnings Report
Reported record siding sales and earnings, while OSB delivered a solid quarter amidst price challenges.
Key Takeaways
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.
Siding net sales increased by 22% to $420 million.
Oriented Strand Board (OSB) net sales decreased by 24% to $253 million.
Consolidated net sales decreased by 1% to $722 million.
Net income was $90 million, a decrease of $27 million.
Louisiana-Pacific
Louisiana-Pacific
Louisiana-Pacific Revenue by Segment
Revenue by Segment
Siding Revenue
CapyFin.comOSB Revenue
CapyFin.comLPSA Revenue
CapyFin.com Forward Guidance
The Company is providing financial guidance for the fourth quarter of 2024 and full year 2024.
Positive Outlook
- Siding net sales year-over-year growth of 9% to 10% for Q4 2024.
- Siding Adjusted EBITDA of $70 million to $80 million for Q4 2024.
- OSB Adjusted EBITDA of $15 million to $25 million for Q4 2024.
- Consolidated Adjusted EBITDA of $85 million to $105 million for Q4 2024.
- Capital expenditures between $195 million to $205 million for Q4 2024.
Revenue & Expenses
Visualization of income flow from segment revenue to net income