Boise Cascade Company Reports First Quarter 2019 Net Income of $11.4 Million on Sales of $1.0 Billion
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Boise Cascade (BCC) Tops Q1 EPS by 6c
May 7, 2019 6:27 AM EDTBoise Cascade (NYSE: BCC) reported Q1 EPS of $0.29, $0.06 better than the analyst estimate of $0.23. Revenue for the quarter came in at $1.04 billion versus the consensus estimate of $1.11 billion.
Outlook
We expect to experience slower demand growth for the products we manufacture and distribute in 2019. The April 2019 Blue Chip consensus forecast for 2019 reflects 1.25 million total U.S. housing starts, which is flat with 2018 levels. Although we believe U.S. demographics are supportive of higher levels of housing starts, we... More
