RBC Capital Upgrades Louisiana-Pacific Corp (LPX) to Top Pick
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LP Reports Third Quarter 2015 Results
November 3, 2015 6:55 AM ESTNASHVILLE, Tenn.--(BUSINESS WIRE)-- Louisiana-Pacific Corporation (LP) (NYSE: LPX) reported today results for the third quarter of 2015, which included the following:
Sales for the third quarter of $465 million were lower by 10 percent compared to the year ago quarter. Net loss from continuing operations was $25 million ($0.17 per diluted share). Non-GAAP adjusted loss from continuing operations was $16 million ($0.12 per diluted share). Adjusted EBITDA from continuing operations for the third quarter was $11 million compared to $12 million in the third quarter of 2014.... More