Boise Cascade: Q4 Earnings Snapshot

BOISE, Idaho (AP) — BOISE, Idaho (AP) — Boise Cascade L.L.C. (BCC) on Tuesday reported fourth-quarter net income of $117.4 million.

The Boise, Idaho-based company said it had profit of $2.95 per share.

The results missed Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of $2.97 per share.

The engineered wood products and plywood company posted revenue of $1.63 billion in the period.

For the year, the company reported profit of $857.7 million, or $21.56 per share. Revenue was reported as $8.39 billion.

Boise Cascade shares have declined slightly since the beginning of the year. In the final minutes of trading on Tuesday, shares hit $68.44, a decline of 17% in the last 12 months.


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