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Preview: Boise Cascade's Earnings

·2 min read

Boise Cascade (NYSE: BCC) announces its next round of earnings this Friday, October 30. Here is Benzinga's everything-that-matters guide for this Friday's Q3 earnings announcement.

Net Income, Earnings, And Earnings Per Share

Earnings and EPS are useful metrics of profitability. Total earnings also known as net income is equal to total revenue minus total expenses. Dividing net income by the total number of shares outstanding yields EPS.

Earnings And Revenue

Wall Street expects EPS of $1.89 and sales around $1.58 billion. Boise Cascade EPS in the same period a year ago totaled $0.72. Sales were $1.27 billion.

Why Analyst Estimates And Earnings Surprises Are Important

Analysts who cover this company will publish forward-looking estimates of its revenue and EPS each quarter. Averaging together every EPS and revenue prediction that each analyst makes about a company in a quarter yields the "consensus estimates." A company posting earnings or revenue above or below the consensus estimate is known as an "earnings surprise" and may move the stock by a considerable margin.

View more earnings on BCC

If the company were to match the consensus estimate, earnings would be up 162.5%. Sales would be up 24.41% from the year-ago period. Here is how the company's EPS has stacked up against analyst estimates in the past:

EPS Estimate

0.54

0.45

0.20

0.68

EPS Actual

0.85

0.63

0.37

0.72

Revenue Estimate

1.18 B

1.09 B

1.10 B

1.26 B

Revenue Actual

1.24 B

1.17 B

1.10 B

1.27 B

Stock Performance

Shares of Boise Cascade were trading at $37.58 as of October 28. Over the last 52-week period, shares are up 2.15%. Given that these returns are generally positive, long-term shareholders should be content going into this earnings release.

Do not be surprised to see the stock move on comments made during its conference call. Boise Cascade is scheduled to hold the call at 11:00:00 ET and can be accessed here.

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