BOISE, Idaho (AP) — Boise Cascade L.L.C. (BCC) on Thursday reported third-quarter earnings of $27.2 million.
The Boise, Idaho-based company said it had net income of 69 cents per share. Earnings, adjusted for non-recurring costs, were 72 cents per share.
The results did not meet Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 75 cents per share.
The engineered wood products and plywood company posted revenue of $1.27 billion in the period.
Boise Cascade shares have risen 56% since the beginning of the year. The stock has climbed 25% in the last 12 months.