Boise Cascade Company Reports Third Quarter 2019 Net Income of $27.2 Million on Sales of $1.3 Billion
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Boise Cascade (BCC) Tops Q3 EPS by 1c
November 7, 2019 5:50 AM ESTBoise Cascade (NYSE: BCC) reported Q3 EPS of $0.69, $0.01 better than the analyst estimate of $0.68. Revenue for the quarter came in at $1.27 billion versus the consensus estimate of $1.26 billion.
Despite the lack of growth in residential construction and ongoing weakness in commodity wood products pricing that has persisted this year, both of our businesses continue to execute well. BMD delivered outstanding financial results during the third quarter, with solid growth in general line product sales and gross margins. With the operating footprint changes made during the last year, our favorable performance in EWP is... More
