Louisiana-Pacific (NYSE: LPX) reported earnings on Nov. 6. Here are the numbers you need to know.

The 10-second takeaway
For the quarter ended Sep. 30 (Q3), Louisiana-Pacific missed estimates on revenues and missed estimates on earnings per share.

Compared to the prior-year quarter, revenue increased significantly and GAAP earnings per share increased.

Margins increased across the board.

Revenue details
Louisiana-Pacific chalked up revenue of $467.8 million. The nine analysts polled by S&P Capital IQ looked for a top line of $479.3 million on the same basis. GAAP reported sales were 33% higher than the prior-year quarter's $350.6 million.

Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.

EPS details
EPS came in at $0.20. The 12 earnings estimates compiled by S&P Capital IQ predicted $0.24 per share. GAAP EPS were $0.22 for Q3 versus -$0.49 per share for the prior-year quarter.

Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.

Margin details
For the quarter, gross margin was 21.1%, 1,290 basis points better than the prior-year quarter. Operating margin was 10.2%, 1,530 basis points better than the prior-year quarter. Net margin was 6.7%, 2,540 basis points better than the prior-year quarter.

Looking ahead
Next quarter's average estimate for revenue is $409.9 million. On the bottom line, the average EPS estimate is $0.09.

Next year's average estimate for revenue is $1.68 billion. The average EPS estimate is $0.27.

Investor sentiment

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Louisiana-Pacific is hold, with an average price target of $12.86.

This article represents the opinion of the writer, who may disagree with the “official” recommendation position of a Motley Fool premium advisory service. We’re motley! Questioning an investing thesis -- even one of our own -- helps us all think critically about investing and make decisions that help us become smarter, happier, and richer.