RTTNews | Aug 4, 2020 06:28AM EDT

06:28 Tuesday, August 4, 2020 (RTTNews.com) - Louisiana-Pacific Corp. (LPX) reported second quarter adjusted earnings per share of $0.43 compared to $0.11, a year ago. On average, nine analysts polled by Thomson Reuters expected the company to report profit per share of $0.16, for the quarter. Analysts' estimates typically exclude special items. Adjusted EBITDA increased to $97 million from $53 million, including $37 million due to increased OSB prices.

Second quarter total net sales decreased by seven percent to $548 million. Analysts expected revenue of $530.64 million for the quarter.

The company announced a quarterly cash dividend of $0.145 per share.

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