Wednesday, July 25, 2007

UPDATE 1-Temple-Inland, Louisiana-Pacific beat expectations

(Reuters) - Temple-Inland said its net profit fell to $66 million, or
62 cents a share, from $191 million, or $1.70 a share, a year
earlier.




Excluding one-time items the company posted earnings of 59
cents a share, down from 97 cents a year earlier. Analysts, on
average, had forecast earnings of 57 cents a share, according
to Reuters Estimates.


Read more at Reuters.com Market News

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