Boise Cascade’s Q3 GAAP EPS of $5.52 beats estimates by $1.30. Revenue of $2.15B beats by $120M. Shares +0.76%.

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Boise Cascade ($NYSE:BCC) is a leading producer and distributor of wood products in North America. The company’s third quarter results showed strong growth, with GAAP EPS of $5.52 beating estimates by $1.30 and revenue of $2.15B beating by $120M. Shares of Boise Cascade were up 0.76% in response to the news. Looking ahead, Boise Cascade is well-positioned to continue its growth trajectory thanks to its strong product portfolio and market position.

The company is also making significant investments in its operations and logistics, which should further improve its efficiency and competitiveness. With shares still trading at a discount to its peers, Boise Cascade is an attractive option for long-term investors.

Earnings

This marks a continued strong performance by Boise Cascade, which has seen significant growth in recent years. In the latest earning report for FY2022 Q2, Boise Cascade reported total revenue of $8266.0M, up 4.3% from the previous year. Net income was also up 9.7% to $781.5M.

Over the last three years, Boise Cascade has seen its total revenue grow from $5474.8M to $8266.0M. This strong growth is indicative of the company’s continued success in meeting the needs of its customers.

Share Price

Despite the better-than-expected results, shares of Boise Cascade were down 0.76% on the day. This was the third straight quarter that Boise Cascade has beat earnings estimates. The company has attributed their success to a strong housing market and increased demand for lumber and wood products.

Boise Cascade is one of the largest producers of lumber and engineered wood products in North America, and they have been benefitting from the strong housing market. The company is expected to continue to benefit from the strong housing market and demand for their products.

VI Analysis

Based on the analysis done by the VI app, it seems that BOISE CASCADE is a low risk investment in terms of financial and business aspects. However, there is 1 risk warning in the income sheet that investors should be aware of. Registering with the app would give more insights into this.

VI 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 a leading producer of wood products in North America. The company’s products are used in a variety of applications, including construction, furniture, and papermaking. Boise Cascade has a strong track record of delivering shareholder value, and its shares have outperformed the broader market over the past five years.

Investors interested in Boise Cascade may be attracted to its strong financial position, as well as its history of delivering shareholder value. The company’s shares could continue to outperform the broader market, making it a attractive investment option for long-term investors.