Louisiana Pacific (LPX) released earnings for first quarter that decreased from the same period last year but beat the Street estimates.
The company's bottom line totaled $91 million, or $1.30 per share. This compares with $108 million, or $1.48 per share, last year.
Excluding items, Louisiana Pacific reported adjusted earnings of $89 million or $1.27 per share for the period.
Analysts on average had expected the company to earn $1.18 per share. Analysts' estimates typically exclude special items.
Revenue held steady at $724 million
Louisiana Pacific earnings at a glance (GAAP) :
-Earnings: $91 Mln. vs. $108 Mln. last year.-EPS: $1.30 vs. $1.48 last year.-Revenue: $724 Mln vs. $724 Mln last year.
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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.