Earnings Preview: Boise Cascade (BCC) Q3 Earnings Expected to Decline

Core Viewpoint - The market anticipates a year-over-year decline in Boise Cascade's earnings due to lower revenues, with the actual results being crucial for stock price movement [1][2]. Earnings Expectations - Boise Cascade is expected to report quarterly earnings of $2.37 per share, reflecting a year-over-year decrease of 33.8% [3]. - Revenues are projected to be $1.71 billion, down 6.7% from the same quarter last year [3]. Estimate Revisions - The consensus EPS estimate has been revised 3.3% higher in the last 30 days, indicating a reassessment by analysts [4]. - The Most Accurate Estimate aligns with the Zacks Consensus Estimate, resulting in an Earnings ESP of 0% [10][11]. Earnings Surprise Prediction - The Zacks Earnings ESP model suggests that a positive or negative reading indicates the potential deviation from the consensus estimate, with positive readings being more predictive of earnings beats [6][7]. - A positive Earnings ESP combined with a Zacks Rank of 1, 2, or 3 has shown a nearly 70% success rate for positive surprises [8]. Historical Performance - In the last reported quarter, Boise Cascade exceeded the expected earnings of $2.65 per share, achieving $2.84, which was a surprise of +7.17% [12]. - Over the past four quarters, the company has beaten consensus EPS estimates three times [13]. Conclusion - While Boise Cascade does not appear to be a strong candidate for an earnings beat, investors should consider other influencing factors before making investment decisions [16].