The company said, "Siding Solutions first quarter of 2023 revenue is expected to decrease year-over-year by up to 5% OSB revenue in the first quarter of 2023 is expected to be sequentially lower than the fourth quarter of 2022 by approximately 20%, assuming that OSB prices published by Random Lengths remain unchanged from those published on February 17, 2023. This is an assumption for modeling purposes and not a price forecast."
Published first on TheFly
See today’s best-performing stocks on TipRanks >>
Read More on LPX:
- LP Building Solutions Reports Fourth Quarter and Full Year 2022 Results, Including Fourth Quarter Siding Solutions Net Sales Growth of 38%
- LP Building Solutions Announces Increased Quarterly Dividend
- Louisiana-Pacific board raises quarterly dividend 9% to 24c per share
- Buffett’s Berkshire Adds AAPL; Cuts Holdings in USB and TSM
- Louisiana-Pacific cut to Neutral at DA Davidson due to recent OSB weakness
