Louisiana Pacific (LPX) Earnings Report, Financial Results, Financial analysis

Louisiana pacific Corporation reported in the second quarter of 2023 net loss per share of $-0.28 compare to earnings per share of $4.73 in the same quarter a year ago a decrease from $0.29 eps realized in I. Quarter (Mar 31 2023).

*second quarter of 2023*
Earnings Per Share	Revenues
$ -0.28	$ 611 Mill
$-5.01	$-519M -45.93 %

Louisiana Pacific's Revenue fell by -45.93 % in second quarter of 2023 (Jun 30 2023) year on year, to $611 million and advanced by 4.62 % sequentially.

Louisiana Pacific is Expected to report next financial results on November 02, 2023.

More on LPX's Income Statement

LPX's NET INCOME

Louisiana Pacific's in thesecond quarter of 2023 recorded net loss of $-21.000 million, compare to net income of $385.000 million achieved in II. Quarter a year ago.

Sequentially company realized a net loss, compared to net income of $22.000 million in the previous quarter.

More on LPX's Growth

Louisiana Pacific Inventories
Inventories grew by 31.72 % to $407 million from II. Quarter a year ago, sequentially inventories fell by -1.93 %. In Jun 30 2023 company's net cash and cash equivalents decreased by $-56 million, capital expenditures fell by 48.08%, to $-154 millions compare to same quarter a year ago and fell by 35.09% from I. Quarter (Mar 31 2023).

More on LPX's Cash flow Statement

Earnings quality

Louisiana pacific Corporation does not pay out common stock dividend.

In trailing twelve-month period Louisiana pacific Corporation earned $ 2.86 cash per share, on a free-cash flow basis 96.99 % of net earning per share.

Book value fell by -2.14 % sequentially to $19.71 per share.
Tangible Book value fell to $ 19.33 per share from $ 19.64.

Company repurchased 0.00 million shares or 0.00 % in Jun 30 2023.
Interest Coverage Ratio was 9.45. Debt Coverage Ratio was 0.29.

• More on LPX's Dividends

Market Capitalization (Millions)	3,883
Shares Outstanding (Millions)	72
Total Debt (Millions $)	377
Revenue (TTM) (Millions $)	2,582
Net Income (TTM) (Millions $)	216
Cash Flow (TTM) (Millions $)	-458
Capital Exp. (TTM) (Millions $)	-354
Dividend TTM ($)	0 $
Dividend Yield TTM (%)	-
Employees (TTM) $	4,500

Earnings quality

Louisiana pacific Corporation does not pay out common stock dividend.

In trailing twelve-month period Louisiana pacific Corporation had $ 2.86 cash flow per share, on a free-cash flow basis 96.99 % of net earning per share.

Book value fell by -2.14 % sequentially to $19.71 per share.
Tangible Book value fell to $ 19.33 per share from $ 19.64.

Company repurchased 0.00 million shares or 0.00 % in Jun 30 2023.
Interest Coverage Ratio was 9.45. Debt Coverage Ratio was 0.29.

• More on LPX's Balance Sheets

Market Capitalization (Millions)	3,883
Shares Outstanding (Millions)	72
Total Debt (Millions $)	377
Revenue (TTM) (Millions $)	2,582
Net Income (TTM) (Millions $)	216
Cash Flow (TTM) (Millions $)	-458
Capital Exp. (TTM) (Millions $)	-354
Dividend TTM ($)	0 $
Dividend Yield TTM (%)	-
Employees (TTM) $	4,500

Louisiana pacific Corporation

LPX's Financial Statements and Analysis