Boise Cascade Set to Report Earnings on Monday

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Boise Cascade ($NYSE:BCC) is set to report their earnings on Monday. Boise Cascade is a leading North American manufacturer and distributor of wood products, building solutions, and materials handling solutions. The company has a diverse portfolio of wood products, engineered wood products, building materials, and material handling systems. Boise Cascade manufactures and distributes a wide range of products including lumber, plywood, engineered wood products, wood panel products, and particleboard.

Additionally, they offer building materials such as gypsum wallboard, insulation, and roofing products. Boise Cascade is headquartered in Boise, Idaho and operates a large network of distribution centers throughout the United States. Analysts are expecting Boise Cascade to report strong earnings on Monday as the company has seen a steady increase in demand for its products in recent years. Investors will be watching closely to see how the company’s financial performance will affect the stock price.

Earnings

The company earned a total revenue of 2443.16M USD and a net income of 302.56M USD. These figures show a 7.2% increase in total revenue and a 38.7% increase in net income compared to the same period the previous year. Although total revenue has increased since then, BOISE CASCADE saw a decrease in total revenues of 1815.22M USD in the last three years. Looking at these figures, it will be interesting to see how BOISE CASCADE’s performance is evaluated in their earnings report on Monday.

About the Company

Income Snapshot

Below shows the total revenue, net income and net margin for Boise Cascade. More…

Cash Flow Snapshot

Below shows the cash from operations, investing and financing for Boise Cascade. More…

Balance Sheet Snapshot

Below shows the total assets, liabilities and book value per share for Boise Cascade. More…

Key Ratios Snapshot

Some of the financial key ratios for Boise Cascade are shown below. More…

Price History

Monday marked the expected earnings report of BOISE CASCADE, and the stock opened at $93.9 and closed at $94.0, representing a 1.1% increase from its previous closing price of 93.0. This positive result indicates that the company is continuing to do well and increasing its growth potential. Investors are likely to watch the stock closely in the coming days to see if it can keep up its strong performance. Live Quote…

Analysis

GoodWhale conducted an analysis of the fundamentals of BOISE CASCADE. According to our Star Chart, BOISE CASCADE has a high health score of 10/10 taking into account its cashflows and debt, proving it is capable of paying off debts and funding future operations. Moreover, BOISE CASCADE is strong in asset, dividend, and growth, and medium in profitability. Taking all this data into consideration, we classify BOISE CASCADE as a ‘rhino’, a type of company we conclude that has achieved moderate revenue or earnings growth. Given this assessment, BOISE CASCADE is likely to be attractive for investors who are seeking moderate, consistent returns or are looking to invest in a stable company with strong assets. Therefore, long-term value investors who favor strong dividend yields and balance sheet strength may be especially interested in BOISE CASCADE. More…

Peers

Its competitors include Megaron SA, H+H International A/S, and Doman Building Materials Group Ltd. Boise Cascade has a strong market position and offers a wide range of products, making it a good choice for customers looking for a one-stop shop.

– Megaron SA ($LTS:0Q3S)

Megaron SA is a publicly traded company with a market capitalization of 5.1 million as of 2022. The company has a return on equity of 7.34%. Megaron SA is engaged in the business of providing engineering and construction services. The company has its headquarters in Santiago, Chile.

– H+H International A/S ($LTS:0M6J)

H+H International A/S is a Danish building materials company. It is the world’s largest producer of aircrete and the second largest producer of autoclaved aerated concrete (AAC) products. The company has a market cap of 1.92B as of 2022 and a Return on Equity of 16.4%. H+H International A/S produces a range of building materials, including aircrete, AAC products, bricks, blocks, pavers, and roof tiles. The company’s products are used in a variety of applications, such as residential and commercial construction, infrastructure projects, and industrial and agricultural buildings.

– Doman Building Materials Group Ltd ($TSX:DBM)

Doman Building Materials Group Ltd is a building materials company with a market cap of 481.03M as of 2022 and a Return on Equity of 15.49%. The company produces and sells cement, concrete, and other building materials. It operates in China, Hong Kong, Macau, and Taiwan. The company was founded in 2003 and is headquartered in Beijing, China.

Summary

Boise Cascade is set to post its earnings on Monday, and investors are eager to see how the company is performing. Analysts anticipate Boise Cascade to report a strong quarter, as the housing industry has seen an uptick in demand in recent months. The company’s stock has steadily increased since the beginning of the year and may continue to rise if the earnings report is positive. Investors should analyze the company’s balance sheet and cash flow statements to determine its financial health.

Furthermore, they should take into account the performance of competitors in order to gauge how Boise Cascade is performing in comparison. Finally, investors should look for any changes in management or strategy that may affect the future of the company. If all signs indicate a positive future for Boise Cascade, it may be a wise addition to one’s portfolio.