earnings
confidence high
sentiment negative
materiality 0.70
Boise Cascade Q1 net income down 56% to $17.8M; EPS $0.50 vs $1.06
BOISE CASCADE Co
2026-Q1 EPS reported
$0.50
revenue$1,498,614,000
- Q1 net income $17.8M ($0.50 diluted EPS) vs $40.3M ($1.06) in Q1 2025, a 56% decline.
- Sales $1.50B, -2% YoY; single-family housing starts fell 5% amid high mortgage rates and geopolitical uncertainty.
- BMD segment income dropped 32% to $32.9M; gross margin contracted to 14.4% from 14.7%.
- Wood Products income halved to $8.5M; LVL and I-joist prices each down 7% YoY; Oakdale mill restarted.
- Board declared $0.22/sh quarterly dividend; repurchased $65.5M in Q1 and $25M in April; $148M buyback remaining.