Louisiana-Pacific: Q2 Earnings Snapshot
NASHVILLE, Tenn. (AP) _ Louisiana-Pacific Corp. (LPX) on Tuesday reported second-quarter profit of $384 million.
On a per-share basis, the Nashville, Tennessee-based company said it had net income of $4.73. Earnings, adjusted to account for discontinued operations and non-recurring gains, were $4.19 per share.
The results did not meet Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of $4.38 per share.
The home construction supplier posted revenue of $1.13 billion in the period.