Louisiana-Pacific Corporation is a leading manufacturer of building materials, specializing in engineered wood products and other innovative solutions for the residential and commercial construction markets
The company focuses on sustainability and performance, providing products such as oriented strand board, siding, and engineered wood beams, which are designed to enhance the structural integrity and energy efficiency of buildings. Louisiana-Pacific serves a diverse range of customers, including homeowners, builders, and contractors, and is committed to delivering high-quality materials that meet the evolving demands of the construction industry.
LPX beat Q4 2024 sales expectations, with siding revenue up 9% and OSB sales down 2%. Adjusted EPS increased to $1.03. Q1 outlook: $390M-$400M in siding sales and $130M-$150M in EBITDA. 2025 outlook: $1.65B-$1.7B in siding sales and $615M-$635M in EBITDA.
Milton's impact on Florida housing market: $1.7-2.5B hit, delays in construction & closings. Major builders like PulteGroup, Lennar, D.R. Horton have significant exposure in affected regions.
A record-setting quarter for stock sales means a lot of brand-name companies were sent to the chopping block by Warren Buffett and his investment team.
Warren Buffett, the legendary investor, has disclosed significant stock sales by Berkshire Hathaway Inc.in the second quarter, including a substantial reduction in its Apple Inc. holdings.
A big clue from Berkshire Hathaway's latest operating results strongly suggest he's paring down one of his top holdings, and may have completely exited his stake in another key value stock.
Spending on home repair and remodel activities has decreased from the peaks seen during the pandemic, given high rates. Nonetheless, there remains a persistent need for investment in critical replacements. Here are stocks that may benefit.
