Boise Cascade Q4 Earnings Call Highlights

Management attributed part of the quarter’s weakness to seasonality, with sequential volume declines in both divisions. The quarter also included an approximately $6 million accrual tied to legal proceedings in the Building Materials Distribution (BMD) segment, which CFO Kelly Hibbs said reduced earnings by about $0.16 per share after tax .In the fourth quarter, Jorgensen said total U.S. housing starts and single-family housing starts increased 4% and 7%, respectively, versus the prior-year quarter. Boise C ...