NYSE$BCC
Boise Cascade Company · Q3 2024 earnings
Q3 2024 earnings · · Investor relations
Briefing
Reported good financial results amidst a moderate demand environment, driven by associates' efforts and a strong combination of engineered wood products and distribution network.
Boise Cascade reported a net income of $91.0 million, or $2.33 per share, on sales of $1.7 billion for the third quarter ended September 30, 2024. This compares to a net income of $143.1 million, or $3.58 per share, on sales of $1.8 billion for the third quarter ended September 30, 2023.
- Delivered good financial results in a moderate demand environment.
- Continued progress on key strategic investment initiatives.
- Thoughtfully deployed capital to shareholders.
- Expect normal seasonality through the winter months.
Headline financials
Revenue & EPS history
Boise Cascade · Revenue · Quarterly
$1.71B
Revenue by segment
Boise Cascade · $2.06B total across 2 segments · Q2 2025
- Building Materials Distribution$1.61B—78.3%
- Wood Products$447M—21.7%
Forward guidance
Demand is correlated with residential construction and repair activity. Housing starts are expected to be approximately 1.35 million in 2024 and modestly above 1.40 million in 2025.
Tailwinds
- New residential construction will continue to be an important source of supply for the demand created by undersupplied housing.
- Favorable demographic trends.
- Low unemployment.
- Modest growth in home improvement spending is expected in 2025.
- Age of U.S. housing stock and elevated levels of homeowner equity will continue to provide a favorable backdrop for repair-and-remodel spending.
Headwinds
- Home affordability remains a challenge for many consumers due to home prices and the cost of financing.
- Level of mortgage rates is limiting the supply of existing housing stock available for sale.
- Macroeconomic factors will influence the near-term demand environment.
- Sales and profitability exposure to declines in commodity product prices and rising input costs.
- Future product pricing, particularly commodity products pricing and input costs, may be volatile.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 19 quarterly earnings reports · overlaid with Q3 2024
-1.4%
Avg return
Earnings day
-0.6%
Avg return
5 days after
-1.1%
Avg return
30 days after
47%
27 / 57 earnings
Positive
+20.1%
Q3 2015
Best reaction
-28.5%
Q4 2015
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q2 2025 | — | — | — | |
| Q1 2026 | -4.9% | -9.5% | -12.6% | |
| Q4 2025 | +8.1% | +2.7% | -7.8% | |
| Q3 2025 | +2.7% | +3.4% | +8.7% | |
| Q1 2025 | -4.5% | -4.2% | -5.4% | |
| Q4 2024 | -8.1% | -10.7% | -14.6% | |
| Q3 2024 | +3.2% | +6.0% | +9.5% | |
| Q2 2024 | +0.6% | -1.4% | -2.4% | |
| Q1 2024 | -4.0% | -1.7% | -1.8% | |
| Q4 2023 | -10.6% | -7.5% | +8.7% | |
| Q3 2023 | +0.8% | +12.3% | +21.8% | |
| Q2 2023 | +4.7% | +7.4% | +7.4% | |
| Q1 2023 | +2.7% | +8.0% | +10.6% | |
| Q4 2022 | -2.8% | -4.8% | -19.5% | |
| Q3 2022 | -1.5% | -2.9% | +9.0% | |
| Q2 2022 | -4.0% | -2.2% | -11.9% | |
| Q1 2022 | -10.6% | -7.9% | -4.3% | |
| Q4 2021 | -21.6% | -7.5% | -13.4% | |
| Q3 2021 | +10.2% | +23.2% | +14.8% | |
| Q2 2021 | +1.7% | +4.4% | +12.1% | |
| Q1 2021 | +3.8% | +5.1% | -6.8% | |
| Q4 2020 | -10.6% | -3.6% | +5.2% | |
| Q3 2020 | +9.5% | +17.3% | +16.7% | |
| Q2 2020 | +1.2% | -4.7% | +3.3% | |
| Q1 2020 | +6.5% | -2.3% | +25.3% | |
| Q4 2019 | -10.0% | -13.4% | -43.7% | |
| Q3 2019 | +2.3% | +4.8% | +2.6% | |
| Q2 2019 | +11.9% | +9.1% | +10.5% | |
| Q1 2019 | -8.4% | -7.5% | -19.4% | |
| Q4 2018 | +2.2% | -3.1% | -6.4% | |
| Q3 2018 | -6.7% | -12.0% | -20.0% | |
| Q2 2018 | +0.0% | -0.9% | +1.2% | |
| Q1 2018 | +2.9% | +4.7% | +16.6% | |
| Q4 2017 | -6.3% | -9.8% | -13.7% | |
| Q3 2017 | +1.6% | +5.1% | +9.1% | |
| Q2 2017 | +3.0% | -0.3% | -5.3% | |
| Q1 2017 | -4.4% | -4.2% | -7.9% | |
| Q4 2016 | -2.2% | +5.4% | -1.7% | |
| Q3 2016 | -14.2% | -19.9% | -6.3% | |
| Q2 2016 | -2.0% | -0.0% | -9.4% | |
| Q1 2016 | -4.3% | — | — | |
| Q4 2015 | -28.5% | — | — | |
| Q3 2015 | +20.1% | — | — | |
| Q2 2015 | -7.1% | — | — | |
| Q1 2015 | -2.6% | — | — | |
| Q4 2014 | -13.3% | — | — | |
| Q3 2014 | +5.0% | — | — | |
| Q2 2014 | +6.0% | — | — | |
| Q1 2014 | -0.9% | — | — | |
| Q4 2013 | +0.2% | — | — | |
| Q3 2012 | +0.8% | — | — | |
| Q3 2013 | +7.9% | — | — | |
| Q2 2012 | -0.4% | — | — | |
| Q2 2013 | +0.8% | — | — | |
| Q4 2011 | -3.1% | — | — | |
| Q1 2012 | -3.1% | — | — | |
| Q1 2013 | +6.6% | — | — | |
| Q4 2012 | -5.1% | — | — | |
| Q3 2011 | — | — | — |
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