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Boise Cascade Co (BCC.N)

BCC.N on New York Stock Exchange

39.00USD
13 Nov 2019
Change (% chg)

$-0.14 (-0.36%)
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Volume
97,561
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90,786
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$39.59
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Latest Key Developments (Source: Significant Developments)

Boise Cascade Company Q3 Earnings Per Share $0.69
Thursday, 7 Nov 2019 

Nov 7 (Reuters) - Boise Cascade Co ::MPANY REPORTS THIRD QUARTER 2019 NET INCOME OF $27.2 MILLION ON SALES OF $1.3 BILLION.Q3 EARNINGS PER SHARE $0.69.Q3 SALES $1.3 BILLION VERSUS REFINITIV IBES ESTIMATE OF $1.26 BILLION.Q3 EARNINGS PER SHARE ESTIMATE $0.68 -- REFINITIV IBES DATA.IN Q3 2019, TOTAL U.S. HOUSING STARTS INCREASED 4%.QTRLY RESULTS INCLUDED IMPAIRMENT AND SALES RELATED LOSSES OF $11.0 MILLION.EXPECT TO EXPERIENCE SEASONALLY SLOWER DEMAND GROWTH FOR PRODUCTS CO MANUFACTURE AND DISTRIBUTE IN Q4 2019.EXPECT NEAR-TERM RESIDENTIAL CONSTRUCTION GROWTH TO BE FLAT TO SLIGHTLY DOWN DUE TO CONSTRAINTS FACED BY BUILDERS.WEAK COMMODITY PRODUCTS PRICING EXPERIENCED IN FIRST HALF OF 2019 CONTINUED THROUGHOUT Q3 2019.EXPECT CAPITAL SPENDING, EXCLUDING ACQUISITIONS, TO BE $85-$95 MILLION IN 2019.BOISE CASCADE - ANTICIPATE COMMODITY PRODUCTS PRICING IN Q4 WILL REMAIN AT LOW ABSOLUTE, ALTHOUGH MORE STABLE, LEVELS.EXPECT Q4 2019 FINANCIAL RESULTS TO BE IMPROVED COMPARED WITH Q4 2018.IN ADDITION, EXPECT CAPITAL SPENDING, EXCLUDING ACQUISITIONS, TO ALSO BE $85-$95 MILLION IN 2020.BOISE CASCADE - WEAKER YTD RESIDENTIAL CONSTRUCTION ACTIVITY, ADDITIONAL INDUSTRY CAPACITY BROUGHT IN 2018 HAVE LED TO SUPPLY, DEMAND IMBALANCES.  Full Article

Boise Cascade Q1 Earnings Per Share $0.29
Tuesday, 7 May 2019 

Boise Cascade Co ::MPANY REPORTS FIRST QUARTER 2019 NET INCOME OF $11.4 MILLION ON SALES OF $1.0 BILLION.Q1 EARNINGS PER SHARE $0.29.Q1 SALES $1.0 BILLION VERSUS REFINITIV IBES ESTIMATE OF $1.11 BILLION.Q1 EARNINGS PER SHARE ESTIMATE $0.23 -- REFINITIV IBES DATA."EXPECT TO EXPERIENCE SLOWER DEMAND GROWTH FOR PRODUCTS WE MANUFACTURE AND DISTRIBUTE IN 2019".EXPECT CAPITAL SPENDING, EXCLUDING ACQUISITIONS, TO BE $85-$95 MILLION IN 2019.EXPECT YEAR-OVER-YEAR FINANCIAL COMPARISONS TO AGAIN BE NEGATIVE IN Q2 OF 2019.  Full Article

Boise Cascade Reaches Agreement To Acquire American Lumber Distributors
Tuesday, 19 Mar 2019 

March 19 (Reuters) - Boise Cascade Co ::BOISE CASCADE REACHES AGREEMENT TO ACQUIRE AMERICAN LUMBER DISTRIBUTORS.  Full Article

Boise Cascade Reaches Agreement To Acquire American Lumber Distributors
Tuesday, 19 Mar 2019 

March 19 (Reuters) - Boise Cascade Co ::BOISE CASCADE REACHES AGREEMENT TO ACQUIRE AMERICAN LUMBER DISTRIBUTORS.BOISE CASCADE CO - ACQUISITION IS EXPECTED TO BE COMPLETED IN Q2 OF 2019.  Full Article

Boise Cascade Co Q4 Loss Per Share $1.85
Tuesday, 26 Feb 2019 

Feb 26 (Reuters) - Boise Cascade Co ::MPANY REPORTS FOURTH QUARTER AND FULL YEAR 2018 RESULTS.Q4 LOSS PER SHARE $1.85.Q4 SALES $1.1 BILLION VERSUS REFINITIV IBES ESTIMATE OF $1.09 BILLION.Q4 EARNINGS PER SHARE ESTIMATE $-0.01 -- REFINITIV IBES DATA.EXPECT TO EXPERIENCE SLOWER DEMAND GROWTH FOR PRODUCTS CO MANUFACTURES AND DISTRIBUTES IN 2019.BOISE CASCADE - EXPECT CAPITAL SPENDING, EXCLUDING ACQUISITIONS, TO BE $85 MILLION-$95 MILLION IN 2019.Q4 RESULTS INCLUDED $24.0 MILLION OF PRE-TAX IMPAIRMENT AND SALE RELATED LOSSES RELATED TO PENDING SALE OF HARDWOOD PLYWOOD FACILITY.EXPECT NEAR-TERM U.S. RESIDENTIAL CONSTRUCTION GROWTH TO BE FLAT OR ONLY MODESTLY IMPROVING.RESULTS FOR Q4 REFLECT SEASONALLY WEAKER HOUSING DATA & ONGOING CHALLENGES OF DECLINING COMMODITY PRICES.  Full Article

Reg-Boise Cascade Company Reports 2018 Third Quarter Net Income Of $13.8 Mln On Sales Of $1.3 Bln
Tuesday, 6 Nov 2018 

Nov 6 (Reuters) - Boise Cascade Co ::REG-BOISE CASCADE COMPANY REPORTS 2018 THIRD QUARTER NET INCOME OF $13.8 MILLION ON SALES OF $1.3 BILLION.Q3 REVENUE $1.3 BILLION VERSUS I/B/E/S VIEW $1.33 BILLION.WILL RECORD CURTAILMENT-RELATED CHARGES IN Q4.Q3 EPS $0.35.IN Q3 2018, TOTAL U.S. HOUSING STARTS INCREASED 4% COMPARED TO SAME PERIOD LAST YEAR.EXPECT TO RECORD APPROXIMATELY $60 MILLION OF CHARGES DURING Q4 2018.ROXBORO WILL CONTINUE TO PRODUCE I-JOISTS AND ANTICIPATE NO IMPACT ON CO'S CUSTOMERS FROM LAMINATED VENEER LUMBER CURTAILMENT.Q3 RESULTS INCLUDE $21.7 MILLION OF PRE-TAX LOSSES FROM A SETTLEMENT CHARGE & IMPAIRMENT LOSS ON AN ASSET SALE."EXPECT TO EXPERIENCE SEASONALLY SLOWER DEMAND IN Q4 2018"."ECONOMIC BACKDROP WAS CHALLENGING" GIVEN SHARP DECLINES IN COMMODITY PRICES & FLATTENING HOUSING DATA DURING QUARTER.CHARGE DUE TO DECISION TO PERMANENTLY CURTAIL LAMINATED VENEER LUMBER PRODUCTION AT ROXBORO FACILITY."IMPACT OF A FALLING PRICE ENVIRONMENT WAS MOST NOTABLE IN OUR DISTRIBUTION BUSINESS" IN QUARTER.EXPECT TO RECORD ABOUT $60 MILLION OF CHARGES DURING Q4.BOISE CASCADE -IN Q4, SEES "ONLY MODEST RESIDENTIAL CONSTRUCTION GROWTH" DUE TO CONSTRAINTS SUCH AS AVAILABILITY OF LABOR & BUILDING LOTS.BOISE CASCADE - COMMODITY PRODUCT PRICES SHARPLY DECLINED DURING Q3 AND CONTINUED TO TREND DOWNWARD DURING OCT.EXPECT CAPITAL SPENDING, EXCLUDING ACQUISITIONS, TO BE $75-$85 MILLION DURING 2018.EXPECT CAPITAL SPENDING, EXCLUDING ACQUISITIONS, TO BE $85-$95 MILLION IN 2019.  Full Article

Boise Cascade Announces Quarterly Dividend
Saturday, 3 Nov 2018 

Nov 2 (Reuters) - Boise Cascade Co ::BOISE CASCADE COMPANY ANNOUNCES QUARTERLY DIVIDEND OF $0.09 PER SHARE, A 29% INCREASE.  Full Article

Reg-Boise Cascade Reports Q1 EPS $0.94
Friday, 4 May 2018 

May 4 (Reuters) - Boise Cascade Co ::REG-BOISE CASCADE COMPANY REPORTS 2018 FIRST QUARTER NET INCOME OF $37.1 MILLION ON SALES OF $1.2 BILLION.BOISE CASCADE CO <<>> Q1 SHR $0.94.BOISE CASCADE CO <<>> Q1 REVENUE $1.2 BLN VS I/B/E/S VIEW $1.1 BLN.BOISE CASCADE CO <<>> Q1 SHR VIEW $0.47 -- THOMSON REUTERS I/B/E/S.BOISE CASCADE - STRONG COMMODITY PRICES PROVIDED NOTABLE TAILWINDS TO FINANCIAL RESULTS.BOISE CASCADE CO - "WE EXPECT TO CONTINUE TO EXPERIENCE MODEST DEMAND GROWTH FOR THE PRODUCTS WE MANUFACTURE AND DISTRIBUTE IN 2018".BOISE CASCADE CO - EXPECT CAPITAL SPENDING, EXCLUDING ACQUISITIONS, TO BE $75 MLN-$85 MLN DURING 2018.BOISE CASCADE CO - COMPANY EXPECTS TO RECOGNIZE A NON-CASH PENSION SETTLEMENT CHARGE OF ABOUT $12 MLN BEFORE TAX IN Q2 OF 2018.  Full Article

Boise Cascade Co - Expects To Recognize A Non-Cash Pension Settlement Charge In Q2 Of 2018
Friday, 20 Apr 2018 

April 20 (Reuters) - Boise Cascade Co ::BOISE CASCADE CO - EXPECTS TO RECOGNIZE A NON-CASH PENSION SETTLEMENT CHARGE IN Q2 OF 2018 - SEC FILING.  Full Article

Boise Cascade Announces Purchase Of Lumberman's Wholesale Distributors
Tuesday, 13 Mar 2018 

March 13 (Reuters) - Boise Cascade Co ::BOISE CASCADE ANNOUNCES PURCHASE OF LUMBERMAN'S WHOLESALE DISTRIBUTORS.BOISE CASCADE - AGREED TO ACQUIRE LUMBERMAN'S WHOLESALE DISTRIBUTORS, A DISTRIBUTOR OF ENGINEERED WOOD PRODUCTS AND SPECIALTY BUILDING MATERIALS.  Full Article