Boise Cascade Company Reports Fourth Quarter and Full Year 2018 Results
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Boise Cascade (BCC) Reports Q4 Loss of $1.85, Revenues Miss; 'Slower Demand Growth for Products' in 2019
February 26, 2019 5:57 AM ESTBoise Cascade (NYSE: BCC) reported Q4 EPS of ($1.85), versus $0.49 reported last year. Revenue for the quarter came in at $1.065 billion versus the consensus estimate of $1.09 billion.
While both of our businesses' financial results for the fourth quarter reflect seasonally weaker housing data and the ongoing challenges of declining commodity prices, 2018 was a year of accomplishment. Our full year financial results, excluding facility sale and curtailment charges, showed strong improvement from 2017 and were at the highest levels we have delivered since reemerging as a public company in 2013, commented CEO Tom Corrick. We refined the... More
