Boise Cascade Q1 Revenue Beats Estimates Despite 2% Drop, Profit Halves
BCC sits 17% above its 52-week low of $65.14 on elevated volume (2.3× avg).
Summary
Boise Cascade reported mixed first-quarter results, with revenue falling 2% year-over-year to $1.50 billion but still surpassing analyst estimates of $1.46 billion. Despite the revenue beat, profitability significantly declined, with adjusted EPS dropping 53% and net income falling 56% to $17.84 million. The company also repurchased approximately $65.5 million in shares during the quarter, continuing its existing buyback program. Looking ahead, Boise Cascade provided Q2 2026 adjusted EBITDA guidance of $83 million to $115 million, noting dynamic product pricing. This earnings report follows a recent $6.38 million fine for timber trafficking, adding to a complex operational environment. Traders will be watching how the market weighs the revenue beat against the substantial profit decline and the new guidance.
At the time of this announcement, BCC was trading at $76.00 on NYSE in the Real Estate & Construction sector, with a market capitalization of approximately $2.7B. The 52-week trading range was $65.14 to $97.67. This news item was assessed with neutral market sentiment and an importance score of 7 out of 10. Source: Reuters.