Louisiana-Pacific Corp Fourth Quarter Earnings Sneak Peek
Louisiana-Pacific Corp (NYSE:LPX) will unveil its latest earnings on Tuesday, February 7, 2012. Louisiana-Pacific is engaged in the manufacture of building products. It operates in three segments: Oriented Strand Board, Siding, and Engineered Wood Products.
Louisiana-Pacific Corp Earnings Preview Cheat Sheet
Wall St. Earnings Expectations: The average estimate of analysts is for net loss of 21 cents per share, a wider loss from the year earlier quarter net loss of 12 cents. The average estimate is the same as three months ago. Between one and three months ago, the average estimate was unchanged. It also has not changed during the last month.
Past Earnings Performance: For the past three quarters, the company’s quarterly results have come in below analyst’s expectations. Last quarter, the company reported a loss of 19 cents per share versus a mean estimate of net loss of 17 cents per share.
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Wall St. Revenue Expectations: On average, analysts predict $319.6 million in revenue this quarter, a rise of 1.1% from the year ago quarter. Analysts are forecasting total revenue of $1.37 billion for the year, a decline of 0.7% from last year’s revenue of $1.38 billion.
Analyst Ratings: Analysts are bearish on Louisiana-Pacific as four analysts rate it as a sell, two rate it as a buy and six rate it as a hold.
A Look Back: In the third quarter, the company’s loss widened to a loss of a $65.6 million (49 cents a share) from a loss of $32 million (24 cents) a year earlier, missing analyst expectations. Revenue rose 8.7% to $350.6 million from $322.5 million.
Revenue rose in the third quarter after seeing a drop the quarter before. In the second quarter, revenue fell 18.9%.
Stock Price Performance: During November 3, 2011 to February 1, 2012, the stock price had risen $1.88 (28%) from $6.71 to $8.59. The stock price saw one of its best stretches over the last year between November 9, 2011 and November 18, 2011 when shares rose for eight-straight days, rising 12.1% (+78 cents) over that span. It saw one of its worst periods between May 31, 2011 and June 8, 2011 when shares fell for seven-straight days, falling 12.2% (-$1.02) over that span.
(Company fundamentals by Xignite Financials. Earnings estimates provided by Zacks)
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