Boise Cascade Company Reports Third Quarter 2020 Results

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Boise Cascade (BCC) Tops Q3 EPS by 75c

October 30, 2020 4:06 PM EDT

Boise Cascade (NYSE: BCC) reported Q3 EPS of $2.61, $0.75 better than the analyst estimate of $1.86. Revenue for the quarter came in at $1.6 billion versus the consensus estimate of $1.57 billion.

Outlook

As we begin the fourth quarter, Wood Products continues to make efforts to restore production rates to pre-COVID-19 levels in response to strong end-product demand, particularly for our EWP. 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... More