A month has gone by since the last earnings report for Boise Cascade (BCC) . Shares have added about 1.1% in that time frame, underperforming the S&P 500.Will the recent positive trend continue leading up to its next earnings release, or is Boise Cascade due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its most recent earnings report in order to get a better handle on the important drivers. Boise Cascade Q1 Earnings & Sales Top Estimates, ...

Boise Cascade Company (NYSE:BCC) Q1 2024 Results Conference Call May 7, 2024 11:00 AM ET Company Participants Chris Forrey - IR Nate Jorgensen - Chief Executive Officer Kelly Hibbs - Senior Vice President, Chief Financial Officer and Treasurer Troy Little - Head-Wood Products Operations Jeff Strom - Head-Building Materials Distribution Operations Conference Call Participants Charles Perron - Goldman Sachs Mike Roxland - Truist Lucas Hudson - Bank of America Securities Ketan Mamtora - BMO Kurt Yinger - D.A. ...

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, ...

Core Viewpoint - The Zacks Construction sector is expected to report improved results due to a recovering housing market and the Federal Reserve's decision to pause interest rate hikes, with new single-family construction projects offsetting the lack of non-residential infrastructure projects [1] Factors Shaping Quarterly Performance - The performance of the Zacks Construction sector in Q1 2024 will be influenced by distinct trends in residential and non-residential markets [2] - Rising mortgage rates, which have remained between 6.6% and 7% since the start of 2024, are hindering potential buyers in the housing industry [2] - Weather-related impacts and high labor costs may negatively affect overall performance, but limited existing home availability, increased repair and remodeling activities, and cost management efforts are likely to drive growth [2] Non-Residential Market Insights - The non-residential sector benefits from global trends in infrastructure modernization, energy transition, national security, and supply-chain investments [3] - Investments in telecommunications networks, particularly in 5G technologies, as well as environmental remediation and climate resilience, are expected to support performance [3] - Challenges such as weather-related issues, capital spending fluctuations, and commodity price volatility remain concerns [3] Q1 Expectations - Overall earnings for the Zacks Construction sector are projected to rise by 3.8% in Q1 2024, an increase from the 2.6% growth in Q4 2023 [4] - Revenue growth is expected to be 4.2%, showing a deceleration from the 5.1% growth in the previous quarter [4] Stock Picks - The Zacks methodology identifies five construction stocks likely to exceed earnings estimates this earnings season: United Rentals, KBR, Boise Cascade, Louisiana-Pacific, and Dream Finders Homes [3][5] - Stocks with a Zacks Rank of 1 (Strong Buy), 2 (Buy), or 3 (Hold) combined with a positive Earnings ESP have a 70% chance of beating earnings estimates [5] Winning Stocks - United Rentals is expected to report Q1 2024 results on April 24, with an EPS estimate of $8.35, reflecting a 5% increase year-over-year [7] - KBR is set to report on April 30, with an EPS estimate of $0.70, indicating a 4.5% increase from the previous year [8] - Boise Cascade's EPS estimate is $2.29, showing a 5.8% decline year-over-year, but it benefits from a vertically integrated business model [9] - Louisiana-Pacific's EPS estimate is $1.13, representing a 232.4% increase from the prior year, supported by strategic investments and cost-reduction initiatives [10] - Dream Finders Homes has an EPS estimate of $0.70, indicating a 55.6% increase year-over-year, driven by strong product demand [10]

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 ...