Boise Cascade: Q2 Earnings Snapshot

August 1, 2022 GMT

BOISE, Idaho (AP) _ Boise Cascade L.L.C. (BCC) on Monday reported second-quarter net income of $218.1 million.

The Boise, Idaho-based company said it had profit of $5.49 per share.

The results exceeded Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of $4.64 per share.

The engineered wood products and plywood company posted revenue of $2.28 billion in the period.

Boise Cascade shares have decreased slightly since the beginning of the year. In the final minutes of trading on Monday, shares hit $71.01, an increase of 39% in the last 12 months.


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