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Dec 31, 2024
Louisiana-Pacific Q4 2024 Earnings Report
Louisiana-Pacific reported increased revenue and net income for Q4 2024, driven by strong Siding segment performance despite a decline in OSB prices.
Key Takeaways
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.
Total revenue increased by 3.49% YoY to $681M.
Siding segment revenue grew 9% YoY, driven by higher prices and volume.
OSB segment revenue declined 2% YoY due to lower selling prices.
Net income increased by 6.78% YoY to $63M, with adjusted EPS at $1.03.
Revenue by Segment
Forward Guidance
LPX expects continued revenue growth in 2025, led by strong Siding segment performance and strategic investments in demand creation and capacity expansion.
Positive Outlook
- Siding revenue projected to grow 9-11% in Q1 2025.
- Full-year Siding revenue expected to increase by 7-9%.
- Siding Adjusted EBITDA margin projected at 25%.
- OSB Adjusted EBITDA expected between $35M and $45M in Q1.
- Total liquidity remains strong at $900M.
Challenges Ahead
- OSB pricing remains a headwind with potential volatility.
- Higher operating expenses due to marketing and facility maintenance.
- Foreign exchange fluctuations impacting South America revenue.
- Higher CapEx forecasted at ~$410M for 2025.
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
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