Q3 25 EPS
$0.58
MISS 15.73%
Est. $0.69
Q3 25 Revenue
$1.67B
BEAT +2.71%
Est. $1.62B
vs S&P Since Q3 25
+5.7%
BEATING MARKET
BCC +14.3% vs S&P +8.6%
Market Reaction
Did BCC Beat Earnings? Q3 2025 Results
Boise Cascade delivered a mixed but broadly disappointing third quarter, with earnings falling well short of expectations even as revenue edged ahead of forecasts. The company posted EPS of $0.58, missing the $0.69 consensus estimate by 15.73%, while… Read more Boise Cascade delivered a mixed but broadly disappointing third quarter, with earnings falling well short of expectations even as revenue edged ahead of forecasts. The company posted EPS of $0.58, missing the $0.69 consensus estimate by 15.73%, while net income collapsed 76% year-over-year to $21.77 million as commodity pricing headwinds and subdued housing demand carved deeply into margins. Revenue came in at $1.67 billion, a 2.71% beat versus the $1.62 billion consensus, though still down 2.7% from a year ago. The sharpest pain came from the Wood Products segment, which swung to a loss of $12.05 million from income of $53.85 million in Q3 2024, driven by double-digit price and volume declines across LVL, I-joists, and plywood. Investors are weighing persistent pricing pressure against the company's active capital return program, including a new $300 million share repurchase authorization. Looking ahead, management projects 2026 housing starts broadly in line with 2025 levels, with cautious first-half expectations and only gradual improvement thereafter.
Key Takeaways
- • Lower EWP and plywood sales prices and volumes drove Wood Products segment loss
- • Higher per-unit conversion costs in Wood Products
- • BMD general line product sales increased 6%, partially offsetting commodity and EWP declines
- • BMD gross margin compressed from decreased margins on commodity and EWP products
- • Single-family housing starts decreased 3% year-over-year through July-August 2025
- • Subdued demand and commodity pricing headwinds across the business
BCC YoY Financials
Q3 2025 vs Q3 2024, source: SEC Filings
BCC Revenue by Segment
With YoY comparisons, source: SEC Filings
“In the face of subdued demand and commodity pricing headwinds, we were able to post good earnings for the third quarter of 2025.”
— Nate Jorgensen, Q3 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% |