Reports Q1 revenue $724M, consensus $708.03M. “LP’s Siding business delivered 11% revenue growth and margin expansion in the first quarter,” said LP Chairperson and CEO Brad Southern. “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.”
Don’t Miss TipRanks’ Half-Year Sale
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on LPX:
- LPX Earnings this Week: How Will it Perform?
- LP Building Solutions price target lowered to $112 from $126 at Truist
- LP Building Solutions price target lowered to $114 from $125 at RBC Capital
- Louisiana-Pacific Appoints Jason Ringblom as President
- Louisiana-Pacific: Hold Rating Amid Strategic Growth and Macroeconomic Challenges