Louisiana Pacific

Q2 FY2026 EarningsQ2 FY26 results missed consensus across key profitability metrics despite revenue remaining largely in-line ($664M vs. $667.3M expected). Adjusted Diluted EPS of $0.40 fell significantly short of the $0.569 mean estimate, primarily driven by severe price and volume headwinds in the OSB segment and inflationary cost pressures. While Siding sales performed within the guided range, a 29.7% miss in Normalized Net Income highlights the impact of raw material inflation and a weak OSB market. Management anticipates a return to Siding growth in Q3 with revenue guidance of $460M-$470M (~5% YoY growth).