Louisiana-Pacific Misses Q3 Earnings Estimates, Shares Down 17.6% YTD

Louisiana-Pacific (LPX) reported Q3 earnings of $0.36 per share, missing the Zacks Consensus Estimate of $0.37 per share. Revenues of $663 million exceeded the Zacks Consensus Estimate by 1.09%. The sustainability of the stock's price movement will depend on management's commentary on the earnings call. The shares have lost 17.6% this year, while the S&P 500 has gained 15.1%. The company's earnings outlook is expected to impact its stock performance.