Louisiana-Pacific (LPX) Q1 Earnings & Sales Beat, Guidance Up
Louisiana-Pacific(LPX) Zacks Investment Research·2024-05-10 02:35
Louisiana-Pacific Corporation (LPX) , or LP, reported impressive first-quarter 2024 results. Earnings and net sales beat their respective Zacks Consensus Estimate and increased on a year-over-year basis.LPX’s shares soared 20.8% during the trading session on May 8, 2024.The impressive first-quarter 2024 performance was primarily propelled by several key factors. Notably, there was a notable surge in demand for Siding and OSB, highlighted by a significant increase in volume. Record-breaking volumes for Exper ...