Louisiana-Pacific Corporation (LPX) reported fourth quarter adjusted EPS of $2.01 compared to $0.05, prior year. On average, nine analysts polled by Thomson Reuters expected the company to report profit per share of $1.74, for the quarter. Analysts' estimates typically exclude special items. Adjusted EBITDA increased to $328 million from $49 million, prior year, primarily due to SmartSide revenue growth and higher OSB prices.
Fourth quarter net sales increased to $860 million from $537 million, prior year. Analysts expected revenue of $784.92 million, for the quarter. SmartSide revenue increased by 30%.
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Business News
May 15, 2026 15:25 ET Apart from the confirmation of Kevin Warsh as the next Fed chair, the main news on the economics front this week included key price data from the U.S. and the first quarter economic growth figures from major economies. Both consumer prices and producer costs have started to reflect the effect of supply shocks due to the Middle East conflict. In Europe, GDP data was in focus, while inflation data from China dominated the news flow in Asia.