Recap: Louisiana-Pacific Q2 Earnings


27% profits every 20 days?

This is what Nic Chahine averages with his options buys. Not selling covered calls or spreads... BUYING options. Most traders don't even have a winning percentage of 27% buying options. He has an 83% win rate. Here's how he does it.


Shares of Louisiana-Pacific (NYSE:LPX) were unchanged in pre-market trading after the company reported Q2 results.

Quarterly Results

Earnings per share increased 290.91% over the past year to $0.43, which may not compare to the estimate of $0.16.

Revenue of $548,000,000 declined by 6.80% year over year, which beat the estimate of $530,640,000.

Outlook

Earnings guidance hasn't been issued by the company for now.

Louisiana-Pacific hasn't issued any revenue guidance for the time being.

Details Of The Call

Date: Aug 04, 2020

Time: 11:00 AM

ET Webcast URL: https://edge.media-server.com/mmc/p/pkkwbzo7

Recent Stock Performance

52-week high: $34.35

52-week low: $12.97

Price action over last quarter: Up 54.53%

Company Profile

Louisiana-Pacific is primarily an oriented strand board producer, while offering engineered wood siding and engineered wood products used in home construction. The company is largely exposed to the North American housing market but has also established capacity in Brazil and Chile.


27% profits every 20 days?

This is what Nic Chahine averages with his options buys. Not selling covered calls or spreads... BUYING options. Most traders don't even have a winning percentage of 27% buying options. He has an 83% win rate. Here's how he does it.


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Posted In: EarningsNews