Boise Cascade Company Reports Second Quarter 2020 Results and Provides COVID-19 Business Update

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Go back to Boise Cascade Company Reports Second Quarter 2020 Results and Provides COVID-19 Business Update

Boise Cascade (BCC) Tops Q2 EPS by 31c

July 31, 2020 4:17 PM EDT

Boise Cascade (NYSE: BCC) reported Q2 EPS of $0.85, $0.31 better than the analyst estimate of $0.54. Revenue for the quarter came in at $1.24 billion versus the consensus estimate of $1.18 billion.

Outlook:

As we begin the third quarter, Wood Products is in the process of attempting to restore production rates to pre-COVID-19 levels in response to strong end-product demand. However, we continue to experience periodic short-term disruptions at many locations due to COVID-19. In addition, we expect activity levels across our distribution network to continue to vary widely as COVID-19 impacts... More