Boise Cascade Q1 revenue falls 2% but beats estimates

Boise Cascade Co

04/05/2026 21:29

Overview

U.S. building materials distributor's Q1 revenue fell 2% yr/yr but beat analyst expectations

Adjusted EPS for Q1 dropped 53% yr/yr, with net income down 56%

Company repurchased about $65.5 mln in shares during Q1

Outlook

Boise Cascade sees Q2 2026 total company adj EBITDA of ~$83 mln to ~$115 mln

Company expects Q2 2026 BMD segment EBITDA of ~$65 mln to ~$80 mln

Boise Cascade says product pricing expected to remain dynamic due to economic and geopolitical factors

Result Drivers

WEAK PRICING - Lower net sales prices, particularly in Building Materials Distribution and for engineered wood products, weighed on results

HIGHER COSTS - Increased selling and distribution expenses and higher per-unit EWP conversion costs reduced segment income

PLYWOOD IMPROVEMENT - Higher plywood sales volumes and prices, along with resumed Oakdale mill operations, partially offset declines

Company press release: ID:nBwbxlPsNa

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Sales
Beat
$1.50 bln
$1.46 bln (7 Analysts)
Q1 EPS
$0.50
Q1 Net Income
$17.84 mln


Analyst Coverage

The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 4 "strong buy" or "buy", 2 "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 $97.50, about 24.8% above its May 1 closing price of $78.13

The stock recently traded at 18 times the next 12-month earnings vs. a P/E of 21 three months ago

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(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.)