NYSE$BCC

Boise Cascade Company · Q4 2024 earnings

Q4 2024 earnings · · After market close · Investor relations

Briefing

Boise Cascade reported a decline in sales and profitability in Q4 2024, primarily due to lower prices and volumes in key product categories.

Boise Cascade reported Q4 2024 revenue of $1.57 billion, a 5% decline from Q4 2023. Net income dropped 29% year-over-year to $68.9 million, with diluted EPS at $1.78. Lower prices for laminated veneer lumber (LVL), I-joists, and plywood, coupled with decreased sales volume, contributed to the decline. The company's operating income stood at $92.7 million, while cash and cash equivalents ended at $713.3 million.

  • Q4 2024 revenue decreased 5% YoY to $1.57 billion.
  • Net income dropped 29% YoY to $68.9 million, with diluted EPS at $1.78.
  • Lower prices for LVL, I-joists, and plywood impacted performance.
  • Cash and cash equivalents ended at $713.3 million.

Headline financials

Total Revenue

$1.57B

Previous: $1.64B-4.7%
EPS (adj)

$1.78

Previous: $2.44-27.0%
Net Income

$68.9M

Previous: $97.5M-29.4%
Operating Income

$92.7M

Previous: $121M-23.5%

Revenue & EPS history

Boise Cascade · Revenue · Quarterly

$1.57B

Q4 2024-4.7%vs Q4 2023
Beat estimate in 9 of 14 quarters(64%)
ActualEstimate

Forward guidance

Boise Cascade expects continued uncertainty in 2025 due to macroeconomic conditions and residential construction trends, though the company remains well-positioned with a strong balance sheet.

Tailwinds

  • Strong balance sheet supports reinvestment and growth.
  • Single-family housing starts increased 7% in 2024, providing stable demand.
  • Continued capital investments in production and distribution centers.
  • Higher homeowner equity may support home improvement spending.
  • Potential stabilization of commodity prices in 2025.

Headwinds

  • Overall housing starts declined 6% in Q4 2024.
  • Multi-family housing construction remains weak.
  • Input costs remain elevated, impacting profitability.
  • Market uncertainty due to interest rate environment.
  • Competitive pressures may limit margin expansion.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q4 2024

Historical avgQ4 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

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
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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