Boise Cascade (BCC) Tops Q1 EPS by 130c
Boise Cascade (NYSE: BCC) reported Q1 EPS of $3.76, $1.30 better than the analyst estimate of $2.46. Revenue for the quarter came in at $1.82 billion versus the consensus estimate of $1.68 billion.
“I am very proud of our associates across the Company and am inspired by their tireless efforts to work safely and support the needs of our customer and supplier partners during these extraordinary market conditions. Their dedication and execution were key to delivering tremendous financial results in the first quarter,” commented Nate Jorgensen, CEO. “Our proven Values have served us incredibly well as we have navigated through the pandemic and will continue to be our foundation moving forward. We also effectively deployed our succession planning process as we start 2021, and I am confident that Jeff and Kelly, supported by their strong teams, are ready to lead in their new roles. The demand outlook for new residential construction remains strong. We are looking forward to the future and the continued execution of our strategy.”
For earnings history and earnings-related data on Boise Cascade (BCC) click here.
