** Shares of Louisiana-Pacific LPX.N down 9.5% at $102.20 after building products firm's qtrly results, guidance fail to enthuse

** LPX shares on course for biggest one-day pct drop since Aug 2, 2023. Stock falls as low as $97.90 on Weds, lowest since late Oct

** Tennessee-based co early Weds posted Q4 sales of $681 mln, up 3% y/y, and adj EPS of $1.03. Analysts on avg had called for rev of $666.8 mln and earnings of $0.86, per LSEG data

** Co said its siding business sales rose 9% from a year ago to $362 mln, while sales of oriented strand board $(OSB)$, used for floors and roofs, decreased 2% to $267 mln

** Regarding its outlook, LPX projected current qtr siding sales of $390-$400 mln (+9%-11% growth) and 2025 siding sales of $1.65-$1.7 bln (+7%-9% growth)

** It anticipates adj EBITDA of $130-$150 mln in Q1 and $615-$635 mln for the full year

** In a flash research note, TD Cowen said while Q4 results were near its expectations, Q1 EBITDA guidance implies a slowdown in OSB segment contributions

** Of 10 brokerages covering LPX, recommendation breakdown is 3 "buy", 5 "hold" and 2 "sell"; median PT of $123 up from $117 on Nov 19 - LSEG

** With move on the session, shares dip into the red YTD by ~1%, but are up 50% over the past 12 months

(Lance Tupper is a Reuters market analyst. The views expressed are his own)

((lance.tupper@tr.com 1-646-279-6380))