How did LPX's revenue and expenses shift in Q2 2024?

In Q2 2024, Louisiana-Pacific (LPX) saw significant shifts in both its revenue and expenses, primarily driven by changes in the Siding and Oriented Strand Board (OSB) segments. 1. **Revenue Shifts**: - The Siding segment experienced a notable increase, with $1.56 billion in revenue, compared to $1.2 billion in the previous quarter. This suggests a strong performance in this segment. - The OSB segment also saw growth, with $1.18 billion in revenue, up from $917 million in the previous quarter. This indicates a recovery or expansion in this segment. - The Siding segment contributed $776 million to the total revenue, up from $664 million in the previous quarter. This suggests a positive trend in this segment as well. 2. **Expense Shifts**: - The Siding segment had the highest expense of $361 million, which is slightly higher than the revenue of $402 million. This could indicate that the segment is facing challenges or inefficiencies. - The OSB segment had the second-highest expense of $313 million, with a revenue of $1.18 billion. This suggests a healthy segment with good profitability. - The Siding segment had the third-highest expense of $313 million, which is lower than its revenue of $776 million. This indicates a segment that is contributing positively to the company's revenue. 3. **Overall Insights**: - LPX's revenue and expenses show a general upward trend, with significant growth in both the Siding and OSB segments. - The Siding segment appears to be the most revenue-contributing segment but faces some challenges as evidenced by the higher expenses compared to its revenue. - The OSB segment is showing strong recovery and growth, which is a positive sign for LPX's overall performance.