Boise Cascade Company (BCC) reported splendid first-quarter 2024 results, wherein earnings and sales topped the Zacks Consensus Estimate and increased year over year.The uptrend in the company’s results was attributable to the seasonal tailwinds and strength in new single-family housing starts, resulting in sales volume growth. These factors aided the increased contributions from BCC’s two reportable segments.The company remains optimistic about the increasing trajectory of single-family housing starts, giv ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number: 001-35805 Boise Cascade Company (Exact name of registrant as specified in its charter) Delaware 20-1496201 (State or other jurisdiction of incorpor ...

Boise Cascade Company Exhibit 99.1 1111 West Jefferson Street, Suite 300 Boise, ID 83702 News Release | --- | --- | |-----------------------------------------------------|---------------------------------------| | | | | | | | | | | Investor Relations Contact - Chris Forrey | Media Contact - Lisa Tschampl | | investor@bc.com | mediarelations@bc.com | For Immediate Release: May 6, 2024 Boise Cascade Company Reports First Quarter 2024 Results BOISE, Idaho - Boise Cascade Company ("Boise Cascade," the "Company, ...

The Zacks Construction sector is all set to report better results this time, thanks to the improving housing market scenario and the Fed’s decision to pause interest rate hikes. Outlays on new single-family construction projects have been neutralizing the dearth of non-residential infrastructure projects over the past few months.Factors Shaping Quarterly PerformanceThe distinct trends across residential and non-residential markets are likely to shape the Zacks Construction sector's performance in the first ...

Core Viewpoint - Boise Cascade (BCC) has shown strong stock performance recently, returning +15.3% over the past month, significantly outperforming the Zacks S&P 500 composite's +0.5% change, while the Zacks Building Products - Wood industry has declined by 0.7% [1] Earnings Estimate Revisions - The current quarter's earnings estimate for Boise Cascade is $2.24 per share, reflecting a decrease of -7.8% year-over-year, but the Zacks Consensus Estimate has increased by +7.4% in the last 30 days [3] - For the current fiscal year, the consensus earnings estimate is $11.58, indicating a -4.5% change from the previous year, with a +2.1% increase in estimates over the last month [3] - The next fiscal year's consensus earnings estimate is $12.23, showing a +5.6% change year-over-year, with a +3.4% increase in estimates over the past month [3] Revenue Growth Forecast - The consensus sales estimate for the current quarter is $1.56 billion, indicating a year-over-year increase of +1.2% [5] - For the current fiscal year, revenue estimates are $7.02 billion, reflecting a +2.6% change, while the next fiscal year's estimate is $7.26 billion, indicating a +3.5% change [5] Last Reported Results and Surprise History - Boise Cascade reported revenues of $1.64 billion in the last quarter, a +1% year-over-year change, with an EPS of $2.44 compared to $2.95 a year ago [6] - The reported revenues exceeded the Zacks Consensus Estimate of $1.59 billion by +3.69%, while the EPS fell short by -0.41% [6] - Over the last four quarters, Boise Cascade has surpassed consensus EPS estimates three times and revenue estimates three times [7] Valuation - Boise Cascade's valuation is assessed through various multiples, including price-to-earnings (P/E), price-to-sales (P/S), and price-to-cash flow (P/CF), to determine if the stock is fairly valued, overvalued, or undervalued [8] - The Zacks Value Style Score grades Boise Cascade as A, indicating it is trading at a discount compared to its peers [9]

Boise Cascade (BCC) closed the latest trading day at $151.38, indicating a -0.51% change from the previous session's end. This move lagged the S&P 500's daily loss of 0.14%. Elsewhere, the Dow lost 0.77%, while the tech-heavy Nasdaq added 0.17%.Shares of the engineered wood products and plywood company witnessed a gain of 20.24% over the previous month, beating the performance of the Construction sector with its gain of 10.87% and the S&P 500's gain of 5.34%.The upcoming earnings release of Boise Cascade wi ...

In the latest trading session, Boise Cascade (BCC) closed at $127.87, marking a -1.11% move from the previous day. The stock's performance was behind the S&P 500's daily loss of 0.29%. Elsewhere, the Dow lost 0.35%, while the tech-heavy Nasdaq lost 0.3%.Prior to today's trading, shares of the engineered wood products and plywood company had lost 7.59% over the past month. This has lagged the Construction sector's gain of 9.88% and the S&P 500's gain of 4.42% in that time.The investment community will be pay ...

Boise Cascade (BCC) is one of the stocks most watched by Zacks.com visitors lately. So, it might be a good idea to review some of the factors that might affect the near-term performance of the stock.Shares of this engineered wood products and plywood company have returned -9.7% over the past month versus the Zacks S&P 500 composite's +2.1% change. The Zacks Building Products - Wood industry, to which Boise Cascade belongs, has gained 4.2% over this period. Now the key question is: Where could the stock be h ...

Boise Cascade (BCC) has been one of the most searched-for stocks on Zacks.com lately. So, you might want to look at some of the facts that could shape the stock's performance in the near term.Shares of this engineered wood products and plywood company have returned -4.6% over the past month versus the Zacks S&P 500 composite's +3.8% change. The Zacks Building Products - Wood industry, to which Boise Cascade belongs, has gained 4.6% over this period. Now the key question is: Where could the stock be headed i ...

Core Viewpoint - Boise Cascade (BCC) is identified as a strong value stock with a Zacks Rank of 1 (Strong Buy) and an A for Value, indicating it is likely undervalued in the current market environment [2][4]. Valuation Metrics - BCC has a P/E ratio of 11.17, significantly lower than the industry average of 27.59, suggesting it is undervalued compared to its peers [2]. - The stock's P/B ratio stands at 2.17, which is attractive compared to the industry's average P/B of 3.51, indicating a favorable valuation based on book value [2]. - BCC's P/S ratio is 0.75, while the industry average is 1.51, further supporting the notion that BCC is undervalued based on revenue [3]. - The P/CF ratio for BCC is 8.01, compared to the industry's average of 29.42, highlighting its strong cash flow outlook and undervaluation [3]. Earnings Outlook - The strength of BCC's earnings outlook, combined with its favorable valuation metrics, positions it as an impressive value stock at the moment [4].