Boise Cascade (BCC) Q4 Revenue Tops Consensus

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Go back to Boise Cascade (BCC) Q4 Revenue Tops Consensus

Boise Cascade Company Reports Fourth Quarter and Full Year 2020 Results

February 22, 2021 4:05 PM EST

BOISE, Idaho--(BUSINESS WIRE)-- Boise Cascade Company ("Boise Cascade," the "Company," "we," or "our") (NYSE: BCC) today reported fourth quarter net income of $26.0 million, or $0.66 per share, on sales of $1.5 billion. For the full year 2020, Boise Cascade reported net income of $175.0 million, or $4.44 per share, on sales of $5.5 billion. Fourth quarter and full year earnings per share were negatively impacted by $1.10 per share and $1.69 per share, respectively, related to the events further described below.

Fourth quarter 2020 results included the following non-cash items that negatively effected reported earnings (after-tax amounts assume a 25% tax... More