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June 8, 2014
19:23 EDTBCCBoise Cascade is promising, undervalued housing play, Barron's says
Boise Cascade is a promising and undervalued way to play a housing recovery, Barron's contends in its "Sizing Up Small Caps" column. A share buyback or dividend could boost the stock; however, those are not the only catalysts that could drive the stock higher, the paper adds. Reference Link
News For BCC From The Last 14 Days
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October 23, 2014
08:56 EDTBCCBoise Cascade sees seasonally slower demand in Q4
Boise Cascade stated, "We expect to experience seasonally slower demand in the Q4. On an annual basis, housing starts in the U.S. improved in 2013 and 2012. This improvement in U.S. housing starts has continued into 2014 and we remain optimistic that the improvement in demand for our products will continue through 2015, but at forecasted levels below the 20-year historical average. Future commodity product pricing could be volatile in response to industry capacity restarts and operating rates, inventory levels in various distribution channels, and seasonal demand patterns. We expect to manage our production levels to our sales demand, which will likely result in operating some of our facilities below their capacity until demand improves further."
08:55 EDTBCCBoise Cascade reports Q3 EPS 82c, consensus 69c
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