Brief: Boise Cascade Company Reports Third Quarter 2022 Results

Boise Cascade

31/10/2022 21:26

Oct 31 (Reuters) - Boise Cascade Co  BCC.N :
    * MPANY REPORTS THIRD QUARTER 2022 RESULTS
    * Q3 SALES $2.2 BILLION VERSUS $1.9 BILLION
    * QTRLY  EPS $5.52
    * CONSENSUS FORECASTS FOR 2023 SINGLE- AND MULTI-FAMILY
HOUSING
STARTS IN U.S. ARE ESTIMATED TO BE 15% TO 20% BELOW 2022 LEVELS
    * Q3 EARNINGS PER SHARE VIEW $4.22, REVENUE VIEW $1.97
BILLION --
REFINITIV IBES DATA
    * EXPECT FUTURE COMMODITY PRODUCT PRICING AND COMMODITY
INPUT
COSTS TO BE VOLATILE
    * EXPECT FUTURE PRICE EROSION ON OUR EWP AND GENERAL LINE
PRODUCTS
AS ECONOMIC ACTIVITY SLOWS AND DEMAND WEAKENS FOR NEW HOME
CONSTRUCTION

Source text for Eikon:  ID:nBw2D5GJXa 
Further company coverage:  BCC.N 
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