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Boise Cascade's prospects seem bleak due to soft multi-family starts, a decline in product pricing and increased costs and expenses.
AHEXY, BCC and CSWC have been added to the Zacks Rank #5 (Strong Sell) List on August 14, 2024.
Boise Cascade's (BCC) second-quarter 2024 results reflect weak demand stemming from high mortgage rates and economic uncertainties.
Boise Cascade Company (NYSE:BCC ) Q2 2024 Earnings Conference Call August 6, 2024 11:00 AM ET Company Participants Chris Forrey - IR Nate Jorgensen - CEO Kelly Hibbs - SVP, CFO and Treasurer Jeff Strom - Head-Building Materials Distribution Operations Troy Little - Head-Wood Products Operations Conference Call Participants Susan Maklari - Goldman Sachs Kurt Yinger - D.A. Davidson George Staphos - Bank of America Merrill Lynch Mike Roxland - Truist Securities Reuben Garner - Benchmark Operator Good morning.
Boise Cascade (BCC) came out with quarterly earnings of $2.84 per share, beating the Zacks Consensus Estimate of $2.65 per share. This compares to earnings of $3.67 per share a year ago.
BOISE, Idaho--(BUSINESS WIRE)--Boise Cascade Company ("Boise Cascade," the "Company," "we," or "our") (NYSE: BCC) today reported net income of $112.3 million, or $2.84 per share, on sales of $1.8 billion for the second quarter ended June 30, 2024, compared with net income of $146.3 million, or $3.67 per share, on sales of $1.8 billion for the second quarter ended June 30, 2023. "Our team delivered solid financial performance in the second quarter while operating in a somewhat tepid demand envir.
Boise Cascade (BCC) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
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Boise Cascade (BCC) reported earnings 30 days ago. What's next for the stock?
Boise Cascade Company (NYSE:BCC ) Q1 2024 Results Conference Call May 7, 2024 11:00 AM ET Company Participants Chris Forrey - IR Nate Jorgensen - Chief Executive Officer Kelly Hibbs - Senior Vice President, Chief Financial Officer and Treasurer Troy Little - Head-Wood Products Operations Jeff Strom - Head-Building Materials Distribution Operations Conference Call Participants Charles Perron - Goldman Sachs Mike Roxland - Truist Lucas Hudson - Bank of America Securities Ketan Mamtora - BMO Kurt Yinger - D.A. Davidson Reuben Garner - Benchmark Susan Maklari - Goldman Sachs Operator Good day.