Boise Cascade Company Reports Second Quarter 2022 Results
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Boise Cascade (BCC) Tops Q2 EPS by 79c
August 1, 2022 4:12 PM EDTBoise Cascade (NYSE: BCC) reported Q2 EPS of $5.49, $0.79 better than the analyst estimate of $4.70. Revenue for the quarter came in at $2.3 billion versus the consensus estimate of $2.16 billion.
Outlook:
Demand for the products we manufacture, as well as the products we purchase and distribute, is correlated with new residential construction, residential repair-and-remodeling activity and light commercial construction. Consensus forecasts for 2022 single- and multi-family housing starts in the U.S are around 1.6 million units, or... More
