Boise Cascade Co reports results for the quarter ended in January 1 - Earnings Summary

Boise Cascade

05/11/2024 07:47

* Boise Cascade Co  BCC.N  reported quarterly adjusted
earnings of
$2.33​​ per share for the quarter ended January 1, lower than
the same quarter last year, when the company reported EPS of
$3.58.  The mean expectation of six analysts for the quarter was
for earnings of $2.32 per share. Wall Street expected results to
range from $2.19  to $2.42 per share.
    * Revenue fell 6.6% to $1.71 billion from a year ago;
analysts
expected $1.72 billion. 
    * Boise Cascade Co's reported EPS for the quarter was
$2.33​.
    * The company reported quarterly net income of $91.04
million.
    * Boise Cascade Co shares had fallen by 4.8% this
quarter and
gained 7.8% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 8.5%
in the last three months.​ 
    * In the last 30 days, one analyst negatively revised an
earnings
estimate

RECOMMENDATIONS
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 3
"hold" and 1 "sell" or "strong sell." 
    * The average consensus recommendation for the construction
supplies & fixtures peer group is also "hold"

Wall Street's median 12-month price target for Boise Cascade Co
is 145.00 
This summary was machine generated from LSEG data November 5 at
07:47 a.m. UTC. ​All figures in US dollars unless otherwise
stated. (For questions concerning the data in this report,
contact Estimates.Support@lseg.com. For any other questions or
feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2024      2.32           2.33           Beat
 Jun. 30 2024      2.68           2.84           Beat
 Mar. 31 2024      2.30           2.61           Beat
 Dec. 31 2023      2.58           2.44           Missed