Louisiana-Pacific Corp (LPX) Q3 2024 Earnings Report Preview: What To Look For

Article's Main Image

Louisiana-Pacific Corp (LPX, Financial) is set to release its Q3 2024 earnings on Nov 5, 2024. The consensus estimate for Q3 2024 revenue is $680.23 million, and the earnings are expected to come in at $0.87 per share. The full year 2024's revenue is expected to be $2.87 billion and the earnings are expected to be $5.18 per share. More detailed estimate data can be found on the Forecast page.

Louisiana-Pacific Corp (LPX, Financial) Estimates Trends

Over the past 90 days, revenue estimates for Louisiana-Pacific Corp (LPX) for the full year 2024 have increased from $2.86 billion to $2.87 billion, and for 2025, estimates have risen from $3.00 billion to $3.03 billion. Conversely, earnings estimates for the full year 2024 have declined from $5.43 per share to $5.18 per share, while for 2025, estimates have improved from $5.09 per share to $5.14 per share.

Louisiana-Pacific Corp (LPX, Financial) Reported History

In the previous quarter of June 30, 2024, Louisiana-Pacific Corp's (LPX) actual revenue was $814 million, which beat analysts' revenue expectations of $797.26 million by 2.1%. Louisiana-Pacific Corp's (LPX) actual earnings were $2.23 per share, which beat analysts' earnings expectations of $1.88 per share by 18.93%. After releasing the results, Louisiana-Pacific Corp (LPX) was up by 0.94% in one day.

1853407535562911744.png

Louisiana-Pacific Corp (LPX, Financial) 12 Month Price Targets

Based on the one-year price targets offered by 9 analysts, the average target price for Louisiana-Pacific Corp (LPX) is $106.33 with a high estimate of $138 and a low estimate of $73. The average target implies an upside of 5.81% from the current price of $100.49.

Based on GuruFocus estimates, the estimated GF Value for Louisiana-Pacific Corp (LPX, Financial) in one year is $67.27, suggesting a downside of -33.06% from the current price of $100.49.

Based on the consensus recommendation from 10 brokerage firms, Louisiana-Pacific Corp's (LPX, Financial) average brokerage recommendation is currently 2.9, indicating a "Hold" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.

1853407578957180928.png

This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.

Disclosures

I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.