Boise Cascade Company (BCC – Get Rating) delivered outstanding financial results in the last reported quarter, despite facing lower new single-family starts and commodities pricing headwinds. Its revenue came in 4.6% above analyst estimates, while earnings per share (EPS) surpassed forecasts by an impressive 49.1%, demonstrating the company’s robust business model.
Management remains steadfast in its strategies and growth initiatives, confidently relying on the strength of its balance sheet to weather economic uncertainty. What’s more, BCC offers a reliable dividend.
Let’s dig into some of BCC’s key metrics to uncover why this stock is worth considering.
Tracking BCC’s Growth Over 3 Years
Since June 2020, BCC’s revenue has steadily increased from $47.8 million to $79.3 million in March 2023, representing a growth rate of 65.6%.
BCC’s gross margin has shown a generally increasing trend over the past few years, with fluctuations along the way. The gross margin in June 2020 was 15.2%, increasing to 23.0% in September 2023. This indicates a growth of 52.6% from June 2020 to September 2023. The most recent value reported was…
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