Louisiana-Pacific Corp. (LPX) reported a fourth-quarter net loss of $42.9 million or $0.30 per share, compared to a loss of $20.4 million or $0.15 per share, prior year. Adjusted loss from continuing operations was $32 million or $0.23 per share, for the quarter.
On average, 13 analysts polled by Thomson Reuters expected the company to report loss per share of $0.14 for the quarter. Analysts' estimates typically exclude special items.
Net sales decreased to $453.5 million from $479.7 million last year. Analysts expected revenue of $485.14 million for the quarter.
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