Boise Cascade L.L.C. is a leading provider of building materials and engineered wood products in North America
The company operates through two primary segments: manufacturing and distribution. It specializes in producing plywood, oriented strand board, and various wood products, which are essential for construction and renovation projects. Additionally, Boise Cascade has a robust distribution network that supplies a wide range of building materials to both residential and commercial sectors. With a commitment to sustainability, the company emphasizes responsible forest management and environmentally conscious practices in its operations.
Boise Cascade has gotten torched over the last six months - since September 2024, its stock price has dropped 26.8% to $100.39 per share. This might have investors contemplating their next move.
Building products company Boise Cascade Company (NYSE:BCC) missed Wall Street’s revenue expectations in Q4 CY2024, with sales falling 4.7% year on year to $1.57 billion. Its GAAP profit of $1.78 per share was 1% below analysts’ consensus estimates.
Boise Cascade has been treading water for the past six months, recording a small return of 1% while holding steady at $118.86. The stock also fell short of the S&P 500’s 7.5% gain during that period.
Earnings results often indicate what direction a company will take in the months ahead. With Q3 behind us, let’s have a look at Boise Cascade (NYSE:BCC) and its peers.
As the Q3 earnings season comes to a close, it’s time to take stock of this quarter’s best and worst performers in the industrial distributors industry, including GMS (NYSE:GMS) and its peers.
Building products company Boise Cascade Company (NYSE:BCC) met Wall Street’s revenue expectations in Q3 CY2024, but sales fell 6.6% year on year to $1.71 billion. Its GAAP profit of $2.33 per share was also in line with analysts’ consensus estimates.
