Louisiana-Pacific Corporation (NYSE: LPX) shares are soaring 5.22% in pre-market trading on Tuesday following the release of its better-than-expected first-quarter 2025 financial results. The building materials manufacturer reported adjusted earnings per share of $1.27, surpassing the analyst consensus estimate of $1.19, and revenue of $724 million, beating the expected $711.08 million.

The company's performance was driven by strong growth in its siding segment, which saw an 11% year-over-year increase in sales. Despite a slowdown in the oriented strand board (OSB) segment, with revenue decreasing by 15% year-over-year, the overall results demonstrated Louisiana-Pacific's resilience in a challenging market environment.

Adding to investor optimism, Louisiana-Pacific raised its siding outlook for 2025, projecting full-year siding net sales of around $1.7 billion. The company also announced a quarterly cash dividend of $0.28 per share, payable on June 3. With a strong order book for the second quarter and positive momentum in its ExpertFinish product line, Louisiana-Pacific appears well-positioned for continued growth, despite ongoing tariff uncertainties and a slow start to the building season.