We use cookies to understand how you use our site and to improve your experience.
This includes personalizing content and advertising.
By pressing "Accept All" or closing out of this banner, you consent to the use of all cookies and similar technologies and the sharing of information they collect with third parties.
You can reject marketing cookies by pressing "Deny Optional," but we still use essential, performance, and functional cookies.
In addition, whether you "Accept All," Deny Optional," click the X or otherwise continue to use the site, you accept our Privacy Policy and Terms of Service, revised from time to time.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Insights Into Louisiana-Pacific (LPX) Q3: Wall Street Projections for Key Metrics
Read MoreHide Full Article
Wall Street analysts expect Louisiana-Pacific (LPX - Free Report) to post quarterly earnings of $0.21 per share in its upcoming report, which indicates a year-over-year decline of 41.7%. Revenues are expected to be $674.25 million, up 1.7% from the year-ago quarter.
Over the past 30 days, the consensus EPS estimate for the quarter has been adjusted downward by 24.4% to its current level. This demonstrates the covering analysts' collective reassessment of their initial projections during this period.
Before a company announces its earnings, it is essential to take into account any changes made to earnings estimates. This is a valuable factor in predicting the potential reactions of investors toward the stock. Empirical research has consistently shown a strong correlation between trends in earnings estimate revisions and the short-term price performance of a stock.
While investors usually depend on consensus earnings and revenue estimates to assess the business performance for the quarter, delving into analysts' forecasts for certain key metrics often provides a more comprehensive understanding.
Bearing this in mind, let's now explore the average estimates of specific Louisiana-Pacific metrics that are commonly monitored and projected by Wall Street analysts.
The consensus estimate for 'Net Sales- Siding' stands at $465.66 million. The estimate indicates a year-over-year change of +5.1%.
Analysts predict that the 'Net Sales- OSB (Oriented Strand Board)' will reach $162.81 million. The estimate indicates a change of -9.1% from the prior-year quarter.
According to the collective judgment of analysts, 'Adjusted EBITDA- Siding' should come in at $116.49 million. The estimate compares to the year-ago value of $117.00 million.
Shares of Louisiana-Pacific have experienced a change of +12.6% in the past month compared to the -0.9% move of the Zacks S&P 500 composite. With a Zacks Rank #3 (Hold), LPX is expected to mirror the overall market performance in the near future. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> .
View the Zacks #1 Rank List
Image: Bigstock
Insights Into Louisiana-Pacific (LPX) Q3: Wall Street Projections for Key Metrics
Wall Street analysts expect Louisiana-Pacific (LPX - Free Report) to post quarterly earnings of $0.21 per share in its upcoming report, which indicates a year-over-year decline of 41.7%. Revenues are expected to be $674.25 million, up 1.7% from the year-ago quarter.
Over the past 30 days, the consensus EPS estimate for the quarter has been adjusted downward by 24.4% to its current level. This demonstrates the covering analysts' collective reassessment of their initial projections during this period.
Before a company announces its earnings, it is essential to take into account any changes made to earnings estimates. This is a valuable factor in predicting the potential reactions of investors toward the stock. Empirical research has consistently shown a strong correlation between trends in earnings estimate revisions and the short-term price performance of a stock.
While investors usually depend on consensus earnings and revenue estimates to assess the business performance for the quarter, delving into analysts' forecasts for certain key metrics often provides a more comprehensive understanding.
Bearing this in mind, let's now explore the average estimates of specific Louisiana-Pacific metrics that are commonly monitored and projected by Wall Street analysts.
The consensus estimate for 'Net Sales- Siding' stands at $465.66 million. The estimate indicates a year-over-year change of +5.1%.
Analysts predict that the 'Net Sales- OSB (Oriented Strand Board)' will reach $162.81 million. The estimate indicates a change of -9.1% from the prior-year quarter.
According to the collective judgment of analysts, 'Adjusted EBITDA- Siding' should come in at $116.49 million. The estimate compares to the year-ago value of $117.00 million.
View all Key Company Metrics for Louisiana-Pacific here>>>Shares of Louisiana-Pacific have experienced a change of +12.6% in the past month compared to the -0.9% move of the Zacks S&P 500 composite. With a Zacks Rank #3 (Hold), LPX is expected to mirror the overall market performance in the near future. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> .