Louisiana-Pacific Earnings Fall on Slow Start to Building Season, Tariff Uncertainty

Dow Jones

May 06

By Josee Rose

Louisiana-Pacific said firs- quarter net income fell as sales remained flat due to a slow start to the building season.

The manufacturer of building products said net income fell to $91 million, or $1.30 a share, from $108 million, or $1.48 a share, a year earlier.

Analysts polled by Factset had been expecting earnings of $1.16 a share.

Net sales for the quarter remained flat year-over-year, at $724 million. Analysts had been expecting revenue of $709 million.

Sales from its siding unit rose 11% to $402 million due to strong order files and price realization, the company said. However, sales from its OSB segment fell 15% due to lower selling prices and sales volumes.

"Despite tariff uncertainty and a slow start to the building season, LP's Siding order file is on pace for a record second quarter, driven by ExpertFinish growth, share gains in new residential construction, and a recovering shed market," Chair and CEO Brad Southern said in a statement.

Looking ahead, Louisiana-Pacific expects second-quarter siding net sales of $445 million to $455 million and full-year siding sales of $1.78 billion.

Write to Josée Rose at josee.rose@wsj.com

(END) Dow Jones Newswires

May 06, 2025 06:21 ET (10:21 GMT)

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Analysts had been expecting revenue of $709 million.Sales from its siding unit rose 11% to $402 million due to strong order files and price realization, the company said. However, sales from its OSB segment fell 15% due to lower selling prices and sales volumes.\"Despite tariff uncertainty and a slow start to the building season, LP's Siding order file is on pace for a record second quarter, driven by ExpertFinish growth, share gains in new residential construction, and a recovering shed market,\" Chair and CEO Brad Southern said in a statement.Looking ahead, Louisiana-Pacific expects s","collect":0,"end_time":0,"defaultTopTitle":"","property":["earning"],"viewcount":null,"language":"en","relate_stocks":{"LPX":"Louisiana Pacif"},"translate_title":"路易斯安那-太平洋公司盈利因建筑季节缓慢启动和关税不确定性而下降","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"LPX":1},"content_text":"By Josee Rose \n\n\n \n\n\n  Louisiana-Pacific said firs- quarter net income fell as sales remained flat due to a slow start to the building season. \n\n\n  The manufacturer of building products said net income fell to $91 million, or $1.30 a share, from $108 million, or $1.48 a share, a year earlier. \n\n\n  Analysts polled by Factset had been expecting earnings of $1.16 a share. \n\n\n  Net sales for the quarter remained flat year-over-year, at $724 million. Analysts had been expecting revenue of $709 million. \n\n\n  Sales from its siding unit rose 11% to $402 million due to strong order files and price realization, the company said. However, sales from its OSB segment fell 15% due to lower selling prices and sales volumes. \n\n\n  \"Despite tariff uncertainty and a slow start to the building season, LP's Siding order file is on pace for a record second quarter, driven by ExpertFinish growth, share gains in new residential construction, and a recovering shed market,\" Chair and CEO Brad Southern said in a statement. \n\n\n  Looking ahead, Louisiana-Pacific expects second-quarter siding net sales of $445 million to $455 million and full-year siding sales of $1.78 billion. \n\n\n \n\n\n  Write to Josée Rose at josee.rose@wsj.com \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  May 06, 2025 06:21 ET (10:21 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}