Boise Cascade Company Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022
October 31, 2022 at 04:23 pm EDT
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Boise Cascade Company reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported sales was USD 2,154.65 million compared to USD 1,879.45 million a year ago. Net income was USD 219.59 million compared to USD 91.7 million a year ago. Basic earnings per share from continuing operations was USD 5.55 compared to USD 2.32 a year ago. Diluted earnings per share from continuing operations was USD 5.52 compared to USD 2.31 a year ago.
For the nine months, sales was USD 6,759 million compared to USD 6,143.93 million a year ago. Net income was USD 740.3 million compared to USD 543.41 million a year ago. Basic earnings per share from continuing operations was USD 18.73 compared to USD 13.79 a year ago. Diluted earnings per share from continuing operations was USD 18.62 compared to USD 13.71 a year ago.
Boise Cascade Company is a producer of engineered wood products (EWP) and plywood in North America and a wholesale distributor of building products in the United States. Its segments include Wood Products and Building Materials Distribution. The Wood Products segment manufactures laminated veneer lumber (LVL), I-joists, and laminated beams. In addition, it manufactures structural, appearance, and industrial plywood panels, and ponderosa pine lumber. The Building Materials Distribution segment operates a network of distribution facilities that sell a broad line of building materials, including oriented strand board (OSB), plywood, and lumber, and general line items, such as siding, composite decking, doors and millwork, metal products, roofing, and insulation. Its products are used in the construction of new residential housing, including single-family, multi-family, and manufactured homes, the construction of light industrial and commercial buildings, and industrial applications.
BOISE CASCADE COMPANY 
