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TheStreet Open House

Louisiana-Pacific Management Discusses Q2 2012 Results - Earnings Call Transcript

Stocks in this article: LPX

Louisiana-Pacific (LPX)

Q2 2012 Earnings Call

July 31, 2012 11:00 am ET

Executives

Sallie B. Bailey - Chief Financial Officer and Executive Vice President

Curtis M. Stevens - Chief Executive Officer and Director

Analysts

Gail S. Glazerman - UBS Investment Bank, Research Division

Michael A. Roxland - BofA Merrill Lynch, Research Division

Chip A. Dillon - Vertical Research Partners Inc.

Alex Ovshey Ovshey - Goldman Sachs Group Inc., Research Division

Joseph Stivaletti - Goldman Sachs Group Inc., Research Division

Mark A. Weintraub - The Buckingham Research Group Incorporated

Mark Wilde - Deutsche Bank AG, Research Division

Steven Chercover - D.A. Davidson & Co., Research Division

Paul C. Quinn - RBC Capital Markets, LLC, Research Division

Presentation

Operator

Good day, ladies and gentlemen. And welcome to the Louisiana-Pacific Corp. Quarter 2 2012 Earnings Conference Call. My name is Bree, and I'll be your operator for today. [Operator Instructions] As a reminder, this conference is being recorded for replay purposes.

Now I would like to turn the conference over to your host for today, Ms. Sallie Bailey, Vice President and Chief Financial Officer.

Please proceed.

Sallie B. Bailey

Thank you very much, Bree, and good morning. Thank you for joining our conference call to discuss LP's financial results for the second quarter of 2012. I'm Sallie Bailey, LP's Chief Financial Officer. And with me today are Curt Stevens, LP's Chief Executive Officer; as well as Mike Kinney and Becky Barckley, our primary Investor Relation contacts.

I will begin the discussion with a review of the financial results for the second quarter of 2012 and the first half of 2012. This will be followed by some comments on the performance of individual segments and selected balance sheet items. After I finish my comments, Curt will discuss the general market environment in which LP has been operating, provide his perspective on our operating results for the second quarter of 2012, and give some thoughts on the outlook for the second half of 2012.

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