earnings
confidence high
sentiment positive
materiality 0.85
Boise Cascade Q2 net income $302.6M ($7.62 EPS) on sales $2.4B, up 97% YoY
BOISE CASCADE Co
2021-Q2 EPS reported
$11.40
revenue$4,264,477,000
- Net income of $302.6M ($7.62 diluted EPS) vs $33.6M ($0.85) in Q2 2020, an increase of 801%.
- Sales $2.4B, up 97% YoY; Wood Products sales +111%, BMD sales +92%.
- Adjusted EBITDA $430.3M vs $71.8M; liquidity $999.1M at quarter-end including $653.8M cash.
- Declared $2.00 supplemental dividend (payable July 30) and $0.10 quarterly dividend (payable Sept 15).
- Management notes commodity prices have declined ~53% for panels and ~48% for lumber since Q2 end, creating challenging Q3 environment.