NYSE$LPX
Louisiana-Pacific Corp · Q3 2025 earnings
Q3 2025 earnings · · Before market open · Investor relations
Briefing
Louisiana-Pacific reported a sharp decline in earnings for Q3 2025 as net income dropped significantly due to lower OSB pricing and volume.
Louisiana-Pacific faced a challenging third quarter with notable declines in OSB segment performance, which led to a steep drop in net income and adjusted EBITDA. However, the Siding segment remained resilient with revenue growth, driven by higher selling prices.
- Net income fell to $9 million, down from $90 million a year ago
- EPS dropped to $0.13 with adjusted EPS at $0.36
- Siding segment revenue increased by $22 million to $443 million
- OSB segment reported a $74 million revenue decline and a negative adjusted EBITDA
Headline financials
Revenue & EPS history
Louisiana-Pacific · Revenue · Quarterly
$663M
Revenue by segment
Louisiana-Pacific · $680M total across 2 segments · Q3 2023
- Siding$345M-12.4%50.7%
- OSB$335M-13.7%49.3%
Forward guidance
LP reaffirmed full-year adjusted EBITDA guidance for Siding while projecting negative EBITDA for OSB in Q4. Total Q4 consolidated adjusted EBITDA is expected to be approximately $32 million.
Tailwinds
- Q4 2025 siding net sales expected to be ~$370 million
- Q4 siding adjusted EBITDA forecasted at ~$82 million
- Full-year siding adjusted EBITDA reaffirmed at ~$430 million
- Siding expected to maintain strong margin (~26%)
- Stable outlook supported by pricing strength in siding
Headwinds
- Q4 OSB adjusted EBITDA projected to be negative ~$45 million
- OSB performance remains weak due to low market pricing
- Total consolidated adjusted EBITDA guidance for Q4 is modest at $32 million
- Full-year OSB EBITDA is expected to be ~$0
- Lower OSB volume and pricing continue to pressure margins
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q3 2025
+0.7%
Avg return
Earnings day
+1.6%
Avg return
5 days after
+2.5%
Avg return
30 days after
55%
36 / 65 earnings
Positive
+19.2%
Q1 2024
Best reaction
-13.6%
Q2 2023
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | +1.0% | +4.6% | +1.2% | |
| Q4 2025 | -4.9% | -13.2% | -22.8% | |
| Q3 2025 | -8.7% | -10.0% | -1.3% | |
| Q1 2025 | +3.3% | +3.5% | +5.6% | |
| Q4 2024 | -10.1% | -13.5% | -17.9% | |
| Q3 2024 | +6.9% | +10.4% | +18.6% | |
| Q2 2024 | +1.9% | +0.1% | -1.9% | |
| Q1 2024 | +19.2% | +20.8% | +23.3% | |
| Q4 2023 | +2.0% | -0.2% | +14.2% | |
| Q3 2023 | +11.7% | +15.0% | +23.1% | |
| Q2 2023 | -13.6% | -15.0% | -15.9% | |
| Q1 2023 | +1.3% | +5.9% | +2.0% | |
| Q4 2022 | -10.7% | -10.8% | -15.7% | |
| Q3 2022 | -7.2% | -6.0% | +13.7% | |
| Q2 2022 | -8.2% | -2.5% | -14.4% | |
| Q1 2022 | +17.9% | +12.2% | +8.8% | |
| Q4 2021 | -9.0% | +0.6% | -5.2% | |
| Q3 2021 | +11.6% | +9.1% | +17.0% | |
| Q2 2021 | +2.5% | +5.4% | +17.4% | |
| Q1 2021 | +4.0% | +8.4% | -3.2% | |
| Q4 2020 | +4.2% | +8.7% | +23.9% | |
| Q3 2020 | +5.1% | +0.7% | +21.3% | |
| Q2 2020 | -1.8% | -0.0% | +1.4% | |
| Q1 2020 | +3.6% | +11.7% | +30.4% | |
| Q4 2019 | +6.0% | +7.2% | -43.2% | |
| Q3 2019 | -0.6% | -2.7% | -2.4% | |
| Q2 2019 | -9.0% | -8.2% | -6.0% | |
| Q1 2019 | -3.4% | -2.2% | -6.0% | |
| Q4 2018 | +9.7% | +10.4% | +1.5% | |
| Q3 2018 | +6.5% | +2.3% | -1.1% | |
| Q2 2018 | +3.1% | +3.3% | +6.6% | |
| Q1 2018 | -2.7% | -2.0% | +5.8% | |
| Q4 2017 | +5.7% | +2.8% | +2.4% | |
| Q3 2017 | -2.0% | -2.9% | -3.3% | |
| Q2 2017 | -3.9% | -2.5% | +1.5% | |
| Q1 2017 | -4.7% | -3.9% | -10.2% | |
| Q4 2016 | +14.1% | +15.8% | +18.6% | |
| Q3 2016 | +4.6% | +1.1% | +10.5% | |
| Q2 2016 | +1.2% | -0.6% | -0.1% | |
| Q1 2016 | +0.8% | — | — | |
| Q4 2015 | +2.6% | — | — | |
| Q3 2015 | -5.4% | — | — | |
| Q2 2015 | +3.7% | — | — | |
| Q1 2015 | +4.3% | — | — | |
| Q4 2014 | +3.8% | — | — | |
| Q3 2014 | +0.1% | — | — | |
| Q2 2014 | -2.4% | — | — | |
| Q1 2014 | -3.8% | — | — | |
| Q4 2013 | +4.9% | — | — | |
| Q3 2013 | -4.5% | — | — | |
| Q2 2013 | +1.4% | — | — | |
| Q1 2013 | +5.1% | — | — | |
| Q4 2012 | +3.5% | — | — | |
| Q3 2012 | -0.4% | — | — | |
| Q2 2012 | -5.8% | — | — | |
| Q1 2012 | +6.5% | — | — | |
| Q4 2009 | -2.4% | — | — | |
| Q4 2011 | -2.4% | — | — | |
| Q3 2011 | +3.0% | — | — | |
| Q3 2010 | +3.0% | — | — | |
| Q2 2010 | -3.5% | — | — | |
| Q2 2011 | -3.5% | — | — | |
| Q1 2010 | -2.4% | — | — | |
| Q1 2011 | -2.4% | — | — | |
| Q4 2010 | -2.4% | — | — |
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