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Boise Cascade: 2Q Earnings Snapshot

August 6, 2018

BOISE, Idaho (AP) _ Boise Cascade L.L.C. (BCC) on Monday reported second-quarter profit of $41.8 million.

The Boise, Idaho-based company said it had net income of $1.06 per share. Earnings, adjusted for non-recurring costs, came to $1.29 per share.

The results topped Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of $1.11 per share.

The engineered wood products and plywood company posted revenue of $1.41 billion in the period.

Boise Cascade shares have risen 10 percent since the beginning of the year. The stock has increased 46 percent in the last 12 months.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on BCC at https://www.zacks.com/ap/BCC

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