Boise Cascade: 2Q Earnings Snapshot
BOISE, Idaho (AP) _ Boise Cascade L.L.C. (BCC) on Monday reported second-quarter net income of $27.7 million.
The Boise, Idaho-based company said it had profit of 71 cents per share.
The results topped Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 50 cents per share.
The engineered wood products and plywood company posted revenue of $1.23 billion in the period.
Boise Cascade shares have risen 14% since the beginning of the year. The stock has dropped 38% in the last 12 months.