Boise Cascade Q2 revenue misses estimates

Boise Cascade

04/08/2025 21:57

Overview

Boise Cascade Q2 revenue declines 3% yr/yr, missing analyst expectations, per LSEG data

Net income in the qtr falls 45% to $62 mln

Company completes Oakdale mill modernization, enhancing operational efficiency

Outlook

Boise Cascade sees near-term demand influenced by mortgage rates and consumer sentiment

Company expects long-term demand supported by housing undersupply and aging stock

Boise Cascade anticipates dynamic pricing for commodity products due to economic factors

Result Drivers

MILL OUTAGE COSTS - Expected costs related to Oakdale plywood mill outage impacted earnings

LOWER SALES PRICES - Decrease in sales driven by lower prices for LVL and I-joists

MUTED HOUSING DEMAND - Underlying demand for new residential construction remained muted, affecting sales

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Sales
Miss
$1.74 bln
$1.75 bln (7 Analysts)
Q2 EPS
$1.64
Q2 Net Income
$61.98 mln


Analyst Coverage

The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 3 "strong buy" or "buy", 3 "hold" and 1 "sell" or "strong sell"

The average consensus recommendation for the construction supplies & fixtures peer group is "buy."

Wall Street's median 12-month price target for Boise Cascade Co is $106.50, about 21.7% above its August 1 closing price of $83.35

The stock recently traded at 12 times the next 12-month earnings vs. a P/E of 11 three months ago

Press Release: ID:nBw61GC7Ba

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)