Boise Cascade: Q3 Earnings Snapshot

Associated Press Finance
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BOISE, Idaho (AP) — BOISE, Idaho (AP) — Boise Cascade L.L.C. (BCC) on Monday reported third-quarter profit of $143.1 million.

The Boise, Idaho-based company said it had profit of $3.58 per share.

The results surpassed Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of $3.47 per share.

The engineered wood products and plywood company posted revenue of $1.83 billion in the period.

Boise Cascade shares have increased 37% since the beginning of the year. In the final minutes of trading on Monday, shares hit $93.96, a climb of 38% in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on BCC at https://www.zacks.com/ap/BCC

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