Louisiana-Pacific (NYSE:LPX) Issues Quarterly Earnings Results, Misses Expectations By $0.14 EPS

Posted by Geri Gentry on Aug 7th, 2026

Louisiana-Pacific (NYSE:LPX – Get Free Report) released its quarterly earnings data on Wednesday. The building manufacturing company reported $0.40 EPS for the quarter, missing the consensus estimate of $0.54 by ($0.14), FiscalAI reports. Louisiana-Pacific had a net margin of 2.19% and a return on equity of 4.67%. The business had revenue of $665.00 million for the quarter, compared to analysts’ expectations of $667.31 million. During the same period last year, the company earned $0.99 earnings per share. Louisiana-Pacific’s revenue for the quarter was down 12.1% compared to the same quarter last year.

Here are the key takeaways from Louisiana-Pacific’s conference call:

Second-quarter results declined year over year: net sales fell to $664 million and EBITDA to $79 million, primarily because weaker OSB prices and volumes offset siding pricing gains.
Management said siding channel inventories have normalized, order intake has improved, and it expects siding to return to year-over-year volume and revenue growth in the third quarter while reaffirming full-year siding guidance.
The OSB outlook deteriorated as prices declined about 6% since the May call; LP now expects approximately negative $45 million of OSB EBITDA in Q3 and negative $120 million for the full year, assuming current prices persist.
LP continues to report long-term SmartSide share gains and is expanding ExpertFinish capacity through projects in Green Bay, Bath, New York, and North Branch, Minnesota.
Full-year capital expenditures were reduced by $70 million to approximately $320 million, while LP ended the quarter with nearly $1 billion of liquidity, providing flexibility to prioritize siding growth despite OSB volatility.

Louisiana-Pacific Stock Up 3.1%

LPX stock traded up $2.32 during midday trading on Friday, hitting $78.23. The stock had a trading volume of 680,733 shares, compared to its average volume of 1,151,203. The business has a 50-day moving average of $75.13 and a two-hundred day moving average of $77.69. The company has a debt-to-equity ratio of 0.20, a current ratio of 3.22 and a quick ratio of 1.48. The firm has a market cap of $5.47 billion, a price-to-earnings ratio of 98.93, a price-to-earnings-growth ratio of 2.52 and a beta of 1.62. Louisiana-Pacific has a 52-week low of $66.12 and a 52-week high of $102.86.

Louisiana-Pacific Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, August 28th. Investors of record on Friday, August 14th will be given a dividend of $0.30 per share. The ex-dividend date is Friday, August 14th. This represents a $1.20 annualized dividend and a dividend yield of 1.5%. Louisiana-Pacific’s payout ratio is currently 101.69%.

Analyst Ratings Changes

LPX has been the subject of a number of analyst reports. The Goldman Sachs Group raised their price target on Louisiana-Pacific from $66.00 to $74.00 and gave the stock a “sell” rating in a report on Thursday. TD Securities upgraded Louisiana-Pacific from a “hold” rating to a “buy” rating in a research report on Thursday, May 7th. BMO Capital Markets raised shares of Louisiana-Pacific from a “market perform” rating to an “outperform” rating and set a $94.00 price objective for the company in a research note on Thursday, May 7th. Truist Financial decreased their price target on Louisiana-Pacific from $91.00 to $89.00 and set a “buy” rating on the stock in a research note on Thursday. Finally, DA Davidson dropped their target price on shares of Louisiana-Pacific from $103.00 to $99.00 and set a “buy” rating for the company in a report on Wednesday. Eleven equities research analysts have rated the stock with a Buy rating, one has issued a Hold rating and two have assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, Louisiana-Pacific has an average rating of “Moderate Buy” and an average price target of $94.00.

Get Our Latest Stock Report on Louisiana-Pacific

Institutional Trading of Louisiana-Pacific

Hedge funds have recently modified their holdings of the business. Millennium Management LLC boosted its stake in Louisiana-Pacific by 128.6% during the first quarter. Millennium Management LLC now owns 176,762 shares of the building manufacturing company’s stock worth $16,259,000 after acquiring an additional 99,455 shares in the last quarter. Dynamic Technology Lab Private Ltd bought a new stake in shares of Louisiana-Pacific in the 1st quarter worth approximately $273,000. Goldman Sachs Group Inc. grew its stake in shares of Louisiana-Pacific by 7.2% in the 1st quarter. Goldman Sachs Group Inc. now owns 274,776 shares of the building manufacturing company’s stock worth $25,274,000 after buying an additional 18,413 shares during the last quarter. Empowered Funds LLC increased its position in Louisiana-Pacific by 207.1% during the 1st quarter. Empowered Funds LLC now owns 28,219 shares of the building manufacturing company’s stock valued at $2,596,000 after buying an additional 19,029 shares in the last quarter. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its position in Louisiana-Pacific by 15.2% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 225,565 shares of the building manufacturing company’s stock valued at $20,747,000 after buying an additional 29,846 shares in the last quarter. Institutional investors own 94.73% of the company’s stock.

Louisiana-Pacific News Roundup

Here are the key news stories impacting Louisiana-Pacific this week:

Positive Sentiment: DA Davidson maintained a “buy” rating while lowering its price target from $103 to $99, implying approximately 26.9% upside. The target reduction is modest relative to the continued bullish recommendation. DA Davidson price target update
Positive Sentiment: Truist Financial also maintained a “buy” rating, trimming its target from $91 to $89. The revised target still suggests roughly 14% upside for LPX. Truist Financial price target update
Positive Sentiment: Barclays kept an “overweight” rating and reduced its target from $93 to $92, indicating about 17.8% potential upside. Barclays price target update
Neutral Sentiment: Louisiana-Pacific’s Q2 2026 earnings call provided management commentary following the quarterly report and is likely being assessed for its outlook on demand, pricing and building-material markets. Louisiana-Pacific Corporation Q2 2026 Earnings Call Summary
Negative Sentiment: Second-quarter results were weaker than expected: EPS was $0.40 versus the $0.54 consensus estimate, while revenue of $665 million narrowly missed expectations and declined 12.1% year over year. EPS also fell from $0.99 in the prior-year quarter. Louisiana-Pacific Q2 2026 Earnings Call Transcript
Negative Sentiment: Goldman Sachs raised its price target from $66 to $74 but retained a “sell” rating, implying roughly 5% downside and signaling limited confidence in LPX’s near-term earnings outlook. Goldman Sachs price target update

About Louisiana-Pacific

(Get Free Report)

Louisiana-Pacific Corporation (NYSE: LPX) is a leading manufacturer of building materials and engineered wood products for residential, industrial and light commercial construction. The company produces a diverse portfolio of products, including oriented strand board (OSB), engineered wood siding, trim, molding, sheathing panels and subflooring. Its flagship product lines, such as LP® SmartSide® trim and siding, are designed to offer enhanced durability, moisture resistance and ease of installation, helping builders and homeowners achieve long-lasting performance in a variety of climates.

Founded in 1973 as a spin-off from Georgia-Pacific, Louisiana-Pacific established its reputation by pioneering innovative manufacturing techniques for OSB, becoming one of the first companies to bring the product to market in the 1980s.