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BUSINESS
Boise Cascade: Q4 Earnings Snapshot
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Boise Cascade reported fourth-quarter net income of $8.7 million, or 24 cents a share, with adjusted earnings of 40 cents that beat Wall Street’s 16-cent forecast, according to Zacks. Revenue reached $1.46 billion. For the full year, the engineered wood and plywood maker posted $132.8 million in profit, $3.53 per share, on $6.4 billion in revenue. The stock has risen a little over 9% since the beginning of the year, but at $80.54 in late Monday trading, it remains down 25% over the past 12 months.
Prepared by Christopher Adams and reviewed by editorial team.
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