Boise Cascade (BCC) Q3 Earnings Lag Estimates

Core Viewpoint - Boise Cascade reported quarterly earnings of $2.33 per share, missing the Zacks Consensus Estimate of $2.37 per share, and down from $3.58 per share a year ago, indicating an earnings surprise of -1.69% [1] - The company posted revenues of $1.71 billion for the quarter, surpassing the Zacks Consensus Estimate by 0.15%, but down from $1.83 billion year-over-year [2] Financial Performance - Over the last four quarters, Boise Cascade has surpassed consensus EPS estimates two times and topped consensus revenue estimates four times [2] - The current consensus EPS estimate for the upcoming quarter is $1.88 on revenues of $1.6 billion, and for the current fiscal year, it is $9.69 on revenues of $6.75 billion [7] Stock Performance - Boise Cascade shares have increased by approximately 3.8% since the beginning of the year, compared to the S&P 500's gain of 20.1% [3] - The stock currently holds a Zacks Rank 3 (Hold), indicating expected performance in line with the market in the near future [6] Industry Outlook - The Building Products - Wood industry, to which Boise Cascade belongs, is currently in the bottom 32% of over 250 Zacks industries, suggesting potential challenges ahead [8] - The performance of Boise Cascade's stock may be influenced by the overall outlook for the industry [8]