Louisiana-Pacific Corporation (LPX) reported fourth quarter income from continuing operations, net of income taxes, attributed to LP common shareholders of $59 million compared to a loss of $10 million, prior year. Net income attributed to LP from continuing operations per share was $0.81 compared to a loss of $0.14. Adjusted profit per share increased to $0.71 from $0.61, prior year. On average, eight analysts polled by Thomson Reuters expected the company to report profit per share of $0.55, for the quarter. Analysts' estimates typically exclude special items.
Fourth quarter net sales decreased year-over-year by 7% to $658 million. Siding revenue decreased 14%, due to 15% lower volumes partially offset by 1% higher prices. OSB net sales increased 6%, driven by 9% higher prices partially offset by 3% lower volumes. Analysts on average had estimated $619.97 million in revenue.
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Business News
May 08, 2026 15:50 ET Manufacturing and services sector survey results and labor market data from main economies were the highlight on the economics news front this week. Factory orders and jobs report dominated the news flow in the U.S. Similarly, industrial production data from German garnered attention in Europe. In Asia, purchasing managers’ survey results from China and the central bank decision from Australia were in focus.