Q2 25 EPS
$1.64
MISS 5.84%
Est. $1.74
Q2 25 Revenue
$1.74B
MISS 0.40%
Est. $1.75B
vs S&P Since Q2 25
-22.1%
TRAILING MARKET
BCC -5.3% vs S&P +16.8%
Market Reaction
Did BCC Beat Earnings? Q2 2025 Results
Boise Cascade delivered a disappointing second quarter, missing on both the top and bottom lines as a bruising pricing environment in its Wood Products segment weighed heavily on results. The company posted earnings of $1.64 per diluted share, fallin… Read more Boise Cascade delivered a disappointing second quarter, missing on both the top and bottom lines as a bruising pricing environment in its Wood Products segment weighed heavily on results. The company posted earnings of $1.64 per diluted share, falling 5.84% short of the $1.74 consensus estimate, while revenue of $1.74 billion came in 0.40% below expectations and slid 3.2% from the year-ago period. The sharpest pain came from Wood Products, where segment income collapsed 81% year-over-year as average selling prices for LVL, I-joists, and plywood fell between 6% and 10%, and per-unit conversion costs climbed due to planned downtime tied to the Oakdale, Louisiana plywood mill modernization, a project now complete. Building Materials Distribution held up comparatively better, with segment income declining a more contained 9%. Looking ahead, management flagged near-term headwinds from large public homebuilders moderating construction pace amid affordability pressures and cautious consumer sentiment, even as ongoing housing undersupply provides a longer-term demand floor. A worker strike at one facility added a further note of operational uncertainty to an already challenging backdrop.
Key Takeaways
- • Lower EWP and plywood average net selling prices year-over-year (LVL -10%, I-joists -8%, plywood -6%)
- • Higher per-unit conversion costs due to planned Oakdale mill modernization downtime
- • Muted underlying demand for new residential construction
- • Sequential volume growth driven by seasonally stronger activity
- • LVL sales volumes increased 8% YoY while I-joist volumes declined 5% and plywood volumes declined 7%
- • BMD general line product sales increased 4% while commodity sales decreased 5% and EWP sales decreased 12%
- • Gains on sale of non-operating properties ($3.9M in Wood Products, $3.8M in BMD)
- • Total U.S. housing starts decreased 1% and single-family housing starts decreased 8% YoY in Q2
BCC YoY Financials
Q2 2025 vs Q2 2024, source: SEC Filings
BCC Revenue by Segment
With YoY comparisons, source: SEC Filings
“During the second quarter of 2025, we experienced sequential volume growth driven by seasonally stronger activity, although underlying demand for new residential construction remained muted.”
— Nate Jorgensen, Q2 2025 Earnings Press Release
BCC Earnings Trends
BCC vs Market 30 Day Price Reactions
30-day stock return vs benchmark after each earnings
BCC EPS Trend
Earnings per share: estimate vs actual
BCC Revenue Trend
Quarterly revenue: estimate vs actual
BCC Quarterly Results
5 quarters of earnings data
| Quarter | EPS Est. | EPS Act. | Surprise | Revenue | Rev. Surprise |
|---|---|---|---|---|---|
| Q1 26 BEAT | $0.43 | $0.50 | +17.18% | $1.50B | +2.64% |
| Q4 25 BEAT FY | $0.12 | $0.24 | +108.70% | $1.46B | +0.64% |
| FY Full Year | $3.40 | $3.53 | +3.88% | $6.40B | +0.15% |
| Q3 25 MISS | $0.69 | $0.58 | -15.73% | $1.67B | +2.71% |
| Q2 25 MISS | $1.74 | $1.64 | -5.84% | $1.74B | -0.40% |
| Q1 25 MISS | $1.29 | $1.06 | -17.51% | $1.54B | +1.32% |