Equity Research on Louisiana-Pacific Corp. and Weyerhaeuser Co. - Lumber Market Growing Alongside Housing
(firmenpresse) - NEW YORK, NY -- (Marketwire) -- 08/01/12 -- has a handpicked team of market professionals with over 100 years of combined investing experience. Today they are providing members comprehensive research on the Lumber, Wood Production industry and are offering free analytical research on (NYSE: LPX) and (NYSE: WY). Register with us now to have free access to these research reports. Simply click on the link below.
With the housing market continuing to show encouraging signs, companies with lumber operations, such as Louisiana-Pacific Corp. and Weyerhaeuser Co., could be poised to benefit. Newly built single family home sales dropped in June, but quarterly and yearly sales have improved, according to an article from the National Association of Home Builders. Low interest rates and a crowded rental market have helped drive sales, though issues surrounding obtaining credit have held some would-be owners back. Get your free reports on and at . There is no commitment to join.
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With earnings season in full swing investors are getting a close-up look at recent company performances. Weyerhaeuser had a solid 2nd quarter, reporting that net earnings hit $84 million as compared to $10 million over the same period last year. Net sales were also up year-over-year, coming in at $1.8 billion as compared to $1.6 billion. An increase in revenue from wood products contributed significantly to the rise. report is accessible for free by registering today at
Louisiana-Pacific reported its 2nd quarter earnings on July 31st; the company posted a loss of $37.3 million, or 27 cents per share, compared with a loss of $35.5 million, or 27 cents per share, in the same quarter last year. report is accessible for free by registering today at
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