Boise Cascade Q2 EPS $3.67 Beats $2.54 Estimate, Sales $1.81B Beat $1.62B Estimate
Portfolio Pulse from Benzinga Newsdesk
Boise Cascade reported Q2 earnings of $3.67 per share, beating the analyst consensus estimate of $2.54 by 44.49%. However, this is a 33.15% decrease from the same period last year. The company also reported quarterly sales of $1.81 billion, beating the estimate of $1.62 billion by 11.76%, but this is a 20.32% decrease from last year.
July 31, 2023 | 8:30 pm
News sentiment analysis
Sort by:
Descending
NEUTRAL IMPACT
Boise Cascade's Q2 earnings and sales beat estimates but are down from last year. This mixed result could lead to uncertain market reactions.
Boise Cascade's earnings and sales beat estimates, which is typically positive for the stock. However, the YoY decreases in both earnings and sales could temper investor enthusiasm, leading to a neutral short-term impact.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 100