Tuesday, Louisiana-Pacific Corp. (LPX) said its third-quarter net loss attributable to the company narrowed to $12.5 million or $0.12 per share from $111.1 million or $1.08 per share in the prior year period.
Net loss from continuing operations for the quarter narrowed to $12.7 million or $0.12 per share from $100.4 million or $0.98 per share in the year-ago period.
Excluding items, loss from continuing operations for the quarter was $14.2 million or $0.14 per share, compared to a loss of $39.0 million or $0.38 per share in the prior year quarter.
On average, 16 analysts polled by Thomson Reuters expected the company to report loss of $0.19 per share for the quarter. Analysts' estimates typically exclude special items.
Net sales for the quarter declined to $309 million from $390 million in the comparable period. Nine analysts estimated revenues of $304.09 million for the quarter.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.