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Financial Results > United States
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LP reports 4Q, 2016 results
Louisiana-Pacific Corporation (LP) (NYSE: LPX) reported today results for the fourth quarter and year ended December 31, 2016, which included the following: Total net sales for the fourth quarter of $550 million, 19% higher than the year ago quarter. Total net sales for the year were $2.2 billion, 18% higher than the previous year. Income from continuing operations for the fourth quarter was $43 million ($0.29 per diluted share) and income of $150 million ($1.03 per diluted share) for the year. For more, click here...
Weyerhaeuser reports 4Q, 2016 results
Weyerhaeuser Company (NYSE: WY) today reported fourth quarter net earnings to common shareholders of $551 million, or 73 cents per diluted share, on net sales of $1.6 billion. This compares with net earnings of $59 million, or 11 cents per diluted share, on net sales of $1.3 billion for the same period last year. Fourth quarter results include after-tax earnings of $489 million from discontinued operations, primarily consisting of gains from the divestiture of the Cellulose Fibers pulp mills and printing papers business, and net after-tax charges of $44 million for special items. Excluding discontinued operations and special items, the company reported net earnings of $106 million or 14 cents per diluted share. This compares with net earnings from continuing operations before special items of $81 million for the same period last year and $172 million for third quarter 2016. For more, click here...
Potlatch reports full year 2016 financial results
Potlatch Corporation (Nasdaq:PCH) today reported net income of $14.4 million, or $0.35 per diluted share, on revenues of $155.7 million for the quarter ended December 31, 2016. This compares to net income of $3.5 million, or $0.09 per diluted share, on revenues of $138.0 million in the fourth quarter of 2015. Net income for the full year of 2016 was $10.9 million, or $0.27 per diluted share, on revenues of $599.1 million. Excluding the after-tax loss of $36.7 million ($0.89 per diluted share) on the previously announced sale of 172,000 acres in central Idaho, 2016 net income was $47.6 million, or $1.16 per diluted share. Net income was $31.7 million, or $0.77 per diluted share, on revenues of $575.3 million in 2015. For more, click here...
PulteGroup announces financial results
PulteGroup, Inc. (NYSE: PHM) announced financial results for its fourth quarter ended December 31, 2016. For the quarter, PulteGroup reported net income of $273 million, or $0.83 per share, inclusive of $0.16 per share of insurance and income tax benefits. Prior year reported net income of $228 million, or $0.64 per share, included $0.07 per share of benefits associated with the reversal of certain mortgage and insurance reserves. For more, click here...
D.R. Horton posts best order growth in a year
D.R. Horton Inc (DHI.N), the largest U.S. homebuilder, reported its highest growth in orders in more than a year, underscoring the strength in the housing market. The company's shares rose as much as 5.88%, their biggest intraday percentage jump since Nov. 10, 2015. For more, click here...
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