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Stock impact report

Why Is Boise Cascade (BCC) Up 5.7% Since Last Earnings Report? [Yahoo! Finance]

UFP Industries, Inc. (UFPI) 
Last ufp industries, inc. earnings: 4/22 04:41 pm Check Earnings Report
US:NASDAQ Investor Relations: ufpinvestor.com
Company Research Source: Yahoo! Finance
Will the recent positive trend continue leading up to its next earnings release, or is Boise Cascade due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important catalysts. Boise Cascade reported tepid third-quarter 2024 results, with earnings missing the Zacks Consensus Estimate and declining year over year. Although quarterly sales marginally topped the consensus mark, it declined year over year. The company's quarterly performance was marred by softer sales volume and lower sales prices across the products it manufactures and distributes. The downtrend in volumes can be attributed to the soft single-family residential demand, which is the key driver of BCC's sales. The slow demand environment is likely to take a toll on the company's prospects, with seasonality during the winter months being around the corner. However, the optimism regard Show less Read more
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