BCC Earnings Prediction
The chart below shows how BCC performed 10 days before and after its earnings report, based on data from the past quarters. Typically, BCC sees a +1.26% change in stock price 10 days leading up to the earnings, and a +2.95% change 10 days following the report. On the earnings day itself, the stock moves by -1.39%. This data can give you a slight idea of what to expect for the next quarter's release.
BCC Key Earning Data
2024/Q4
Year Over Year
Quarter Over Quarter
Total Revenue
1.71B
-6.58%
-4.67%
Gross Margin
17.57%
-10.68%
-2.12%
Operating Margin
6.85%
-32.31%
-16.26%
Net Margin
5.31%
-31.92%
-15.04%
EPS
2.33
-34.92%
-17.96%
No Data Available
BCC Earnings Analysis
Boise Cascade Company Corporation (BCC.N) Earnings Conference Call
Positive
Sales Decline Analysis: Our consolidated third quarter sales of $1.7 billion were down 7% from third quarter 2023.
Net Income Decline: Our net income was $91 million or $2.33 per share compared to net income of $143.1 million or $3.58 per share in the year ago quarter.
Strong Financial Performance: Both of our businesses performed well and delivered good financial results in a demand environment that continues to be constrained by home affordability challenges and economic uncertainties.
Capital Deployment Strategy: We continue to deploy capital through our organic growth projects and additional returns of capital to our shareholders.
Dividend Payments Overview: We paid $220 million in combined regular and special dividends during the nine months ended September 30, 2024.
Negative
Housing Starts Decline: Total US housing starts and single-family housing starts decreased 3% and 1% respectively compared to the prior year quarter.
Sales Decline Analysis: Our consolidated third quarter sales of $1.7 billion were down 7% from third quarter 2023.
Net Income Decline: Our net income was $91 million or $2.33 per share compared to net income of $143.1 million or $3.58 per share in the year ago quarter.
Wood Products Sales Decline: Wood Products sales in the third quarter, including sales to our distribution segment, were $453.9 million, down 12% compared to third quarter 2023.
Segment EBITDA Comparison: BMD reported segment EBITDA of $87.7 million in the third quarter compared to segment EBITDA of $104.9 million in the prior year quarter.
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BCC Earning Call Sentiment
Boise Cascade Company (BCC) Q3 2024 Earnings Call Transcript
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BCC.N
-8.14%Positive
The earnings call summary indicates declining financial performance, with significant drops in sales, net income, and EBITDA across segments, coupled with economic uncertainties. The Q&A section reveals cautious sentiment from customers and management's lack of clarity on key issues like EWP margins and Oakdale downtime impacts. Despite some positive shareholder return actions and strategic flexibility, the overall sentiment is negative, especially given the declining financial metrics and cautious market outlook.
