Louisiana-Pacific Corp.

NYSE:LPX   3:59:58 PM EDT
65.90
+1.75 (+2.73%)
4:00:00 PM EDT: $65.92 +0.02 (+0.03%)
Share Repurchases, Debt Financing / Related, Other Pre-Announcement

Lp Building Solutions Announces An Additional $1 Billion Share Repurchase Authorization

Published: 05/04/2021 11:02 GMT
Louisiana-Pacific Corp. (LPX) - Lp Building Solutions Reports First Quarter 2021 Results, Provides Second Quarter Outlook, and Announces an Additional $1 Billion Share Repurchase Authorization.
Q1 Sales Rose 74 Percent to $1.0 Billion.
Q1 Adjusted Non-GAAP Earnings per Share $3.01.
Q1 Earnings per Share $3.00.
Q1 Earnings per Share View $2.70, Revenue View $937.2 Million -- Refinitiv Ibes Data (analyst estimates).
Sees Adjusted EBITDA for Q2 2021 to Be Greater Than $580 Million.
Sees Q2 Smartside Sales to Be More Than 30% Higher Than Last Year.
Osb Sales in Q2 2021 to Be Sequentially Higher Than Q1 2021 by More Than 30%.