Louisiana-Pacific Q3 adjusted EBITDA beats estimates on pricing
LPX•Louisiana-Pacific reported Q3 adjusted EBITDA of $82 million, above the $63.85 million analyst consensus, as siding sales rose 7% to a record $473 million. It forecast Q4 siding net sales of $390 million to $400 million and full-year 2026 siding net sales of $1.66 billion to $1.67 billion.
1. Quarterly results
Louisiana-Pacific said Q3 siding sales rose 7% to a record $473 million, driven by higher sales volumes and net selling prices. Adjusted EBITDA was $82 million, beating the $63.85 million analyst consensus. Higher prices and volumes boosted siding adjusted EBITDA, partly offset by increased raw material, freight, labor and maintenance costs; higher OSB sales volumes were offset by lower prices.
2. Company outlook
The company expects Q4 siding net sales of $390 million to $400 million, about 3% growth, and full-year 2026 siding net sales of $1.66 billion to $1.67 billion, about 1% lower. It forecasts Q4 consolidated adjusted EBITDA of $30 million to $40 million and full-year consolidated adjusted EBITDA of $270 million to $280 million.
