Louisiana-Pacific reports Q1 adjusted EPS $1.53, consensus $1.12

Reports Q1 revenue $724M, consensus $688.85M. “Q1 saw robust demand for Siding and OSB, with increased volume, including record ExpertFinish and BuilderSeries volume, higher commodity prices, and improved operating efficiency driving margin expansion,” said CEO Brad Southern. “While macro uncertainties remain, strong demand for SmartSide and Structural Solutions has continued in the second quarter. As such, we are increasing our Q2 and full-year outlook.”