Boise Cascade (BCC) Q2 Earnings & Sales Top Estimates, Down Y/Y
BCCBoise Cascade(BCC) ZACKS·2024-08-08 00:50

Boise Cascade Company (BCC) reported decent second-quarter 2024 results, with earnings and sales topping the Zacks Consensus Estimate. However, the top and the bottom line declined on a year-over-year basis.The company's quarterly performance was impacted by weak demand due to high mortgage rates and economic uncertainties. Also, lower volumes and reduced prices in the Wood Products segment led to reduced sales.Despite the current uncertainty in demand, the company expects to achieve solid results in the se ...