By james art 
Boise Cascade Co (NYSE:BCC) is scheduled to announce its Q3 2024 earnings on Nov 5, 2024. The consensus estimate for Q3 2024 revenue is $1.72 billion and profit is expected to be $2 .32 per share. Revenue for the full year 2024 is expected to be $6.77 billion, and earnings are expected to be $9.63 per share. More detailed forecast data can be found on the Forecast page.
Over the past 90 days, Boise Cascade Co (NYSE:BCC) revenue estimates have decreased from $6.93B to $6.77B for the full year 2024 and from $7.30B to $7.14B for 2025. earnings also declined, moving from $10.33 per share to $9.63 per share for full-year 2024, and from $10.91 per share to $10.21 per share for 2025.
In the previous quarter of 2024-06-30, Boise Cascade Co (NYSE:BCC)’s actual revenue was $1.80B, beating analysts’ revenue expectations of $1.77B by 1.5%. Boise Cascade Co (NYSE:BCC)’s actual earnings were $2.84 per share, beating analyst expectations of $2.69 per share by 5.73%. After the results were released, Boise Cascade Co (NYSE:BCC) rose 4.37% in one day.
Based on one-year price targets provided by 5 analysts, the average price target for Boise Cascade Co (NYSE:BCC) is $143.60 with a high estimate of $161 and a low estimate of $127. The average target suggests a 7% upside from the current price of $134.21.
Based on GuruFocus estimates, the estimated GF value for Boise Cascade Co (NYSE:BCC) in one year is $67.48, suggesting a -49.72% decline from the current price of $134.21.
Based on the consensus recommendation of 6 brokerage firms, Boise Cascade Co (NYSE:BCC) currently has an average broker recommendation of 2.8, indicating a Hold status. The rating scale ranges from 1 to 5, where 1 means a strong buy and 5 means a sell.
This article, generated by GuruFocus, is intended to provide general information and is not personalized financial advice. Our commentary is based on historical data and analyst forecasts using an unbiased methodology and is not intended to serve as a specific investment guide. It does not formulate a recommendation to buy or sell shares and does not take into account individual investment objectives or financial circumstances. Our goal is to provide long-term analysis based on fundamental data. Note that our analysis may not include the latest price-sensitive company announcements or qualitative information. GuruFocus takes no position in the stocks mentioned here.
This article first appeared on GuruFocus.