Boise Cascade Q3 net income $91.7M ($2.31/sh) on sales $1.9B; BMD segment income down 85%

BOISE CASCADE Co

2021-Q3 EPS reported $13.71 revenue$6,143,928,000

Net income $91.7M ($2.31 diluted EPS) vs $103.2M ($2.61) yoy; sales $1.9B up 18% from $1.6B.
Wood Products segment income rose 85% to $122.1M on higher EWP and plywood prices; BMD income plunged 85% to $16.6M on commodity price decline.
Board declared $0.12 quarterly plus $3.00 supplemental dividend, payable Dec 15, 2021 to holders of record Dec 1.
Cash and equivalents $786.9M, debt $444.4M; 2021 capex guided $90-100M, 2022 capex $100-130M.

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