BCC

It is not surprising that before an earnings season, every investor looks for stocks that can beat market expectations. This is because investors always try to position themselves ahead of time and look to tap stocks that are high-quality in nature. In this regard, we ran a screener that yielded stocks PENN Entertainment Inc. PENN, Boise Cascade BCC, Dycom Industries DY, Silicon Motion Technology SIMO and Unity Software U as the likely winners on the earnings beat potential. Historically, stocks of companies with solid quarterly earnings (on a nominal basis) tank if they miss or merely meet market expectations. After all, a 20% earnings rise (though apparently looks good) doesn’t tell you if earnings growth has been exhibiting a decelerating trend. Also, seasonal fluctuations come into play sometimes. If a company’s Q1 is seasonally weak and Q4 strong, then it is likely to report a sequential earnings decline. In such cases, growth rates are misleading when judging the true health of a company. On the other hand, after much brainstorming and analysis of companies’ financials and initiatives, Wall Street analysts project the earnings of companies. They, in fact, club their insights and a company’s guidance when deriving an earnings estimate. Thus, outperforming that estimate is almost equivalent to beating the company’s own expectation as well as the market perception. And if the margin of earnings surprise is big, it typically drives the stock higher right after the release. Thus, more than anything else, an earnings surprise can push a stock higher. Now, finding stocks that have the potential to beat on the bottom line may be investors’ dream, but not an easy job. One way to do this is to look at the earnings surprise history of the company. An impressive track in this regard generally acts as a catalyst in sending a stock higher. It indicates the company’s ability to surpass estimates. And investors generally believe that the company will apply the same secret to execute yet another earnings beat in its next release. In order to shortlist stocks that are likely to come up with an earnings surprise, we chose the following as our primary screening parameters. Last EPS Surprise greater than or equal to 10%: Stocks delivering positive surprise in the last quarter tend to surprise again. Average EPS Surprise in the last four quarters greater than 20%: We lifted...

If you are looking for a stock that has a solid history of beating earnings estimates and is in a good position to maintain the trend in its next quarterly report, you should consider Boise Cascade (BCC). This company, which is in the Zacks Building Products - Wood industry, shows potential for another earnings beat. This engineered wood products and plywood company has seen a nice streak of beating earnings estimates, especially when looking at the previous two reports. The average surprise for the last two quarters was 83.14%. For the most recent quarter, Boise Cascade was expected to post earnings of $0.43 per share, but it reported $0.5 per share instead, representing a surprise of 16.28%. For the previous quarter, the consensus estimate was $0.16 per share, while it actually produced $0.4 per share, a surprise of 150.00%. Thanks in part to this history, there has been a favorable change in earnings estimates for Boise Cascade lately. In fact, the Zacks Earnings ESP (Expected Surprise Prediction) for the stock is positive, which is a great indicator of an earnings beat, particularly when combined with its solid Zacks Rank. Our research shows that stocks with the combination of a positive Earnings ESP and a Zacks Rank #3 (Hold) or better produce a positive surprise nearly 70% of the time. In other words, if you have 10 stocks with this combination, the number of stocks that beat the consensus estimate could be as high as seven. The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate for the quarter; the Most Accurate Estimate is a version of the Zacks Consensus whose definition is related to change. The idea here is that analysts revising their estimates right before an earnings release have the latest information, which could potentially be more accurate than what they and others contributing to the consensus had predicted earlier. Boise Cascade has an Earnings ESP of +6.50% at the moment, suggesting that analysts have grown bullish on its near-term earnings potential. When you combine this positive Earnings ESP with the stock's Zacks Rank #2 (Buy), it shows that another beat is possibly around the corner. With the Earnings ESP metric, it's important to note that a negative value reduces its predictive power; however, a negative Earnings ESP does not indicate an earnings miss. Many companies end up beating the consensus...

It has been about a month since the last earnings report for Boise Cascade (BCC). Shares have lost about 4% in that time frame, underperforming the S&P 500. Will the recent negative trend continue leading up to its next earnings release, or is Boise Cascade due for a breakout? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its latest earnings report in order to get a better handle on the important drivers. Boise Cascade delivered first-quarter 2026 results, with adjusted earnings topping the Zacks Consensus Estimate but declining year over year. The top line also declined on a year-over-year basis. Boise Cascade posted first-quarter of 2026 earnings of 50 cents per share, which beat the Zacks Consensus Estimate of 43 cents by 16.3%. Earnings fell 52.8% year over year from $1.06.Sales were $1.50 billion, down 2.5% from the year-ago quarter’s $1.54 billion, as demand remained uneven amid volatile mortgage rates and severe weather. In the quarter, total U.S. housing starts increased 1% year over year, while single-family housing starts, a key demand driver for Boise Cascade, declined 5%. Wood Products sales, including sales to the distribution segment, decreased 4% year over year to $398.2 million. Segment income dropped 52% to $8.5 million, reflecting a tougher pricing environment and cost headwinds in engineered wood products (EWP). Average net selling prices declined 7% year over year for both LVL and I-joists, while volumes fell 1% and 5%, respectively. Plywood provided support, with management citing higher plywood sales volumes and prices, aided by resumed operations at the Oakdale veneer and plywood mill following planned downtime in 2025 for modernization projects.Building Materials Distribution (BMD) generated sales of $1.39 billion, down 1% year over year. The sales decline was caused by a 3% drop in net selling prices, partially offset by a 2% increase in volumes, pointing to steady underlying activity but continued pricing pressure in certain categories. By product line, general line product sales increased 4%, while commodity and EWP sales declined 5% and 7%, respectively. BMD segment income decreased 32% to $32.9 million and segment EBITDA fell 23% to $48.2 million as gross margin dollars slipped and selling and distribution expenses rose. Despite the earnings beat, profitability contracted meani...

Boise Cascade’s first quarter was marked by ongoing challenges in residential construction and shifting product dynamics. Management pointed to lower single-family housing starts and persistent headwinds from volatile mortgage rates, severe weather, and cautious consumer sentiment as key factors behind the year-over-year sales decline. CEO Jeff Strom emphasized the company’s integrated model and resilient operations in navigating these conditions, while CFO Kelly Hibbs highlighted that higher selling and distribution expenses, as well as lower gross margins, impacted profitability. Additionally, the company addressed a legacy legal matter, stating new safeguards are now in place. Is now the time to buy BCC? Find out in our full research report (it’s free). Revenue: $1.50 billion vs analyst estimates of $1.47 billion (2.5% year-on-year decline, 1.9% beat) Adjusted EPS: $0.50 vs analyst estimates of $0.43 (17.2% beat) Adjusted EBITDA: $66.57 million vs analyst estimates of $63.76 million (4.4% margin, 4.4% beat) EBITDA guidance for Q2 CY2026 is $99 million at the midpoint, below analyst estimates of $105.1 million Operating Margin: 1.9%, down from 3.5% in the same quarter last year Market Capitalization: $2.49 billion While we enjoy listening to the management's commentary, our favorite part of earnings calls are the analyst questions. Those are unscripted and can often highlight topics that management teams would rather avoid or topics where the answer is complicated. Here is what has caught our attention. Michael Roxland (Truist Securities) asked about the expected impact of increased Brazilian plywood imports and EWP price stability versus peers. CFO Kelly Hibbs confirmed imports will likely rise but noted only minimal impact so far, while Wood Products leader Troy Little attributed Boise Cascade’s price stability to strong order files and selective pricing. Ketan Mamtora (BMO Capital Markets) questioned the quantifiable impact of freight and transportation inflation and the mechanics of reaching EBITDA guidance. CFO Hibbs and Distribution leader Joanna Barney detailed pass-through strategies, but acknowledged short-term margin impacts where cost recovery lags. Susan Marie Maklari (Goldman Sachs) inquired about sales mix shifts and supplier pricing trends amid increased macro uncertainty. CEO Jeff Strom noted a recent shift from direct to warehouse sales, w...

Image source: The Motley Fool. Tuesday, May 5, 2026 at 11 a.m. ET Chief Executive Officer — Jeff Strom Chief Financial Officer — Kelly E. Hibbs Executive Vice President, Building Materials Distribution — Joanna Barney Executive Vice President, Wood Products — Troy Little Jeff Strom: Thanks, Chris. Good morning, everyone, and thank you for joining us for the earnings call. I am on Slide three. As I step into the role of CEO, I want to express my deep confidence in our company, our talented people, and our established direction. We have a strong foundation and a proven strategy that has positioned us well in the marketplace, and I am committed to building on that momentum. My thanks to our outstanding team whose dedication, expertise, and commitment to our customer and supplier partners are what drive our continued success. I am excited to lead us forward, focused on delivering sustained value for all of our stakeholders. Let me turn to our first quarter results. Total U.S. housing starts increased 1% compared to the prior-year quarter. However, single-family housing starts were off 5% for the same comparative period. Our consolidated first quarter sales of $1.5 billion were down 2% from 2025. Our net income was $17.8 million, or $0.50 per share, compared to net income of $40.3 million, or $1.06 per share, in the year-ago quarter. Our businesses delivered solid results for the quarter despite continued demand uncertainty resulting from geopolitical events, volatile mortgage rates, and severe weather. The challenges of consumer sentiment and home affordability remain the most significant headwinds for residential construction activity. In this environment, we are continuing to leverage our integrated model, which consistently demonstrates its value and resilience, particularly in challenging market conditions like these. As a follow-up to our previously disclosed legal matter that was resolved last week, this was a legacy issue involving certain hardwood plywood purchases made at a single distribution facility in Pompano, Florida between 2017 and 2021. We bought the wood from a former U.S.-based supplier that improperly imported the products. We were not involved in creating or operating the supplier scheme, but we did not follow some of our own internal processes that would have prevented us from making these purchases. We have taken responsibility for that an...

Boise Cascade reported Q1 sales of $1.5 billion (down 2% year-over-year) and net income of $17.8 million versus $40.3 million a year earlier, with new CEO Jeff Strom citing weak consumer sentiment and home affordability as the main headwinds to residential construction activity. Segment pressure was concentrated in Building Materials Distribution and engineered wood products (EWP): BMD EBITDA fell to $48.2 million from $62.8 million, EWP prices were down about 7% year-over-year, while plywood volumes/prices improved but could face renewed pressure as a recent Supreme Court ruling is expected to lift imports (notably Brazilian material). Management is balancing reinvestment and shareholder returns — Q1 capex was $40 million with a full-year range of $150–170 million, the company repurchased about $91 million of stock year-to-date (≈12% of shares bought since 2024) and declared a $0.22 quarterly dividend, while guiding Q2 EBITDA ranges of $65–80 million for BMD and $32–47 million for Wood Products amid continued demand uncertainty. Interested in Boise Cascade, L.L.C.? Here are five stocks we like better. Faith In The Construction Boom? Follow Buffet's New Buys Here Boise Cascade (NYSE:BCC) reported first-quarter 2026 sales of $1.5 billion, down 2% from the prior-year quarter, as the company faced continued demand uncertainty tied to geopolitical events, volatile mortgage rates, and severe weather. Net income fell to $17.8 million, or $0.50 per share, compared with $40.3 million, or $1.06 per share, a year earlier. Chief Executive Officer Jeff Strom, who noted he is stepping into the CEO role, said the company “delivered solid results for the quarter” despite ongoing challenges around consumer sentiment and home affordability, which he called “the most significant headwinds for residential construction activity.” Total U.S. housing starts increased 1% year over year, while single-family starts declined 5%, he said. → 3 Emerging Markets ETFs to Maximize Exposure to High-Potential Countries These 3 Wood Stocks are about to go on Discount Chief Financial Officer Kelly Hibbs said Building Materials Distribution (BMD) posted first-quarter sales of $1.4 billion, down 1% year over year. BMD segment EBITDA was $48.2 million, down from $62.8 million in the prior-year quarter. Hibbs said selling and distribution expenses increased $8.2 million, while gross margin dollars...

Image source: The Motley Fool. Aug. 5, 2025 at 11 a.m. ET Chief Executive Officer — Nathan R. Jorgensen Chief Financial Officer — Kelly E. Hibbs Executive Vice President, Wood Products — Troy Little Executive Vice President, Building Materials Distribution — Joanna Barney Nathan R. Jorgensen: Thanks, Chris. Good morning, everyone. Thank you for joining us on our earnings call today. I'm on Slide #3. Total U.S. housing starts and single-family housing starts decreased 1% and 8%, respectively, compared to the prior-year quarter. Our consolidated second quarter sales of $1.7 billion were down 3% from second quarter of 2024. Our net income was $62 million or $1.64 per share compared to net income of $112.3 million or $2.84 per share in the year-ago quarter. Included in our second quarter results are $7.7 million of pretax gain on asset sales, where I'm happy to report we monetized nonoperating properties in both Wood Products and BMD. We experienced sequential volume growth driven by seasonally stronger activity. However, underlying demand continued to be constrained due to affordability challenges, elevated existing home inventory and consumer uncertainty. I'm pleased to share that the modernization project at our Oakdale mill is substantially complete, which represents a significant milestone for our Southeast manufacturing system. I want to thank our associates across our organization who made this project successful. We will benefit from enhanced operational efficiency and reliability while advancing our distinct competitive advantage to drive incremental value creation through our self- sufficient veneer production. As we navigate a dynamic marketplace, our actions will address near-term challenges without sacrificing the service standards that our customer and supplier partners have come to expect from us. At the same time, we are well positioned to continue to invest in opportunities that drive enduring, sustainable growth in the years ahead, supported by the strong structural demand drivers we see in residential construction over the long term. Kelly will now walk through our segment financial results, capital allocation priorities and guidance on our third quarter results, after which I'll make closing comments before we take your questions. Kelly? Kelly E. Hibbs: Thank you, Nate, and good morning, everyone. Wood product sales in the second quarter, inc...

BOISE, Idaho (AP) — BOISE, Idaho (AP) — Boise Cascade L.L.C. (BCC) on Monday reported first-quarter profit of $17.8 million. The Boise, Idaho-based company said it had profit of 50 cents per share. The engineered wood products and plywood company posted revenue of $1.5 billion in the period. Boise Cascade shares have climbed 1% since the beginning of the year. In the final minutes of trading on Monday, shares hit $74.33, a fall of 23% 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

Boise Cascade (BCC) reported Q1 net income late Monday of $0.50 per diluted share, down from $1.06 a

Image source: The Motley Fool. Tuesday, May 6, 2025 at 9:30 a.m. ET Chief Executive Officer — Nathan Jorgensen Chief Financial Officer — Kelly Hibbs Executive Vice President, Wood Products — Troy Little Executive Vice President, Building Materials Distribution — Joanna Barney Executive Vice President and General Manager, Building Materials Distribution — Jeff Strom Need a quote from a Motley Fool analyst? Email [email protected] Nathan Jorgensen: Thanks, Chris. Good morning, everyone. Thank you for joining us for our earnings call today. I'm on Slide #3. Total U.S. housing starts and single-family housing starts decreased 2% and 6%, respectively, compared to the prior year quarter. Our consolidated first quarter sales of $1.5 billion were down 7% from first quarter of 2024. Our net income was $40.3 million or $1.06 per share compared to net income of $104.1 million or $2.61 per share in the year ago quarter. Our team delivered solid results during the quarter when considering an environment influenced by constrained demand, uncertain trade policies and difficult weather. Homebuyer affordability challenges continue to affect demand, and we were compounded by increasing economic uncertainty that has led us to lower consumer and builder confidence. Despite the backdrop, our associates across the company remain clearly focused on delivering value to our customer and better partners, which I'm incredibly grateful. In addition, the planned outage at our Oakdale, Louisiana plywood and veneer facility negatively impacted our first quarter results. The significant modernization products underway there are on schedule to be completed at the end of the second quarter and will contribute to the ongoing strength of our EWP franchise. Lastly, our clear focus on strategic investments and returns of capital to our shareholders is bolstered by the strength of our balance sheet and our constructive view on long-term demand drivers for residential construction. Kelly will now walk through our financial segment results and provide an update on our capital allocation priorities, after which I'll provide an outlook before we take your questions. Kelly? Kelly Hibbs: Thank you, Nate, and good morning, everyone. Wood Products sales in the first quarter, including sales to our distribution segment were $415.8 million, down 11% compared to first quarter 2024. The Wood Products segment EBITD...

BOISE, Idaho, May 04, 2026--(BUSINESS WIRE)--Boise Cascade Company ("Boise Cascade," the "Company," "we," or "our") (NYSE: BCC) today reported net income of $17.8 million, or $0.50 per share, on sales of $1.5 billion for the first quarter ended March 31, 2026, compared with net income of $40.3 million, or $1.06 per share, on sales of $1.5 billion for the first quarter ended March 31, 2025. "In the first quarter of 2026, our businesses delivered solid results despite the current demand environment, influenced by geopolitical events, volatile mortgage rates, and severe weather," said Jeff Strom, CEO. "I am proud of our associates for continuing to lean into our integrated model, which demonstrates its value and resilience in markets like these. Our Company is especially well positioned during periods of uncertainty, as customers increasingly rely on Boise Cascade for reliable service and consistent value across a broad range of industry-leading products. Looking ahead, I am confident in the unwavering focus of our team to deliver value to our stakeholders irrespective of market conditions." In first quarter 2026, total U.S. housing starts increased 1% while single-family housing starts decreased 5%, compared to the same period in 2025. Single-family housing starts are the key demand driver for our sales. Building Materials Distribution (BMD) BMD's sales decreased $18.2 million, or 1%, to $1,388.9 million for the three months ended March 31, 2026, from $1,407.1 million for the three months ended March 31, 2025. Compared with the same quarter in the prior year, the decrease in sales was driven by net sales price decreases of 3%, offset partially by net sales volume increases of 2%. By product line, general line product sales increased 4%, commodity sales decreased 5%, and EWP sales (substantially all of which are sourced through our Wood Products segment) decreased 7%. BMD segment income decreased $15.5 million to $32.9 million for the three months ended March 31, 2026, from $48.4 million for the three months ended March 31, 2025. The decrease in segment income was driven by increased selling and distribution expenses of $8.2 million, as well as a $6.5 million gross margin decrease, resulting from lower gross margins on all product lines, particularly EWP. Wood Products Wood Products' sales, including sales to BMD, decreased $17.6 million, or 4%, to $398.2 milli...

Image source: The Motley Fool. Nov. 4, 2025, 11 a.m. ET Chief Executive Officer — Nathan Jorgensen Chief Financial Officer — Kelly Hibbs Director, Building Materials Distribution — Joanna Barney Executive Vice President, Wood Products — Troy Little Executive Vice President, Building Materials Distribution Operations — Jeff Strom Nathan Jorgensen: Thanks, Chris. Good morning, everyone. Thank you for joining us on our earnings call today. I'm on Slide #3. September 2025 U.S. housing starts data has not been released by the U.S. Census Bureau. However, when comparing July 2025 and August '25 housing starts to the same periods in '24, total U.S. housing starts increased 2%, while single-family housing starts decreased 3%. Our consolidated third quarter sales of $1.7 billion were down 3% from third quarter 2024. Our net income was $21.8 million or $0.58 per share compared to net income of $91 million or $2.33 per share in the year ago quarter. As expected, in Wood Products, we experienced sequentially lower sales volumes and competitive pricing pressure in EWP. Plywood markets like other commodities continue to experience weak pricing given the underlying demand environment. In BMD, our customers' expanded reliance on us for next-day delivery service across a range of products helped to mitigate the otherwise subdued environment. Given this backdrop, we were still able to post good earnings for the third quarter. We have great clarity in our business model and the strength of our financial position and unwavering commitment to our core values enable us to remain focused on the execution of our strategic priorities. Our 2-step distribution model in tandem with our market-leading EWP and plywood franchises will continue to deliver exceptional value to both our customers and vendor partners, providing reliable access to products, responsive service and operational flexibility that are vital in dynamic markets. Kelly will now walk through our segment financial results, capital allocation priorities and guidance on our fourth quarter results, after which I'll make closing comments before we take your questions. Kelly? Kelly Hibbs: Thank you, Nate, and good morning, everyone. Wood Products sales in the third quarter, including sales for our distribution segment were $396.4 million, down 13% compared to third quarter of 2024. Wood Products segment EBITDA was $14.5 milli...