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Stock impact report

Boise Cascade Company Reports Fourth Quarter and Full Year 2018 Results

Boise Cascade, L.L.C. (BCC) 
Last boise cascade, l.l.c. earnings: 2/24 04:30 pm Check Earnings Report
US:NYSE Investor Relations: bc.com/investor-relations
Company Research Source: GlobeNewswire
Boise, Idaho, Feb. 26, 2019 (GLOBE NEWSWIRE) -- For Immediate Release: February 26, 2019 Boise Cascade Company ("Boise Cascade," the "Company," "we," or "our") (NYSE: BCC) today reported a net loss of $72.2 million, or $1.85 per share, on sales of $1.1 billion for the fourth quarter ended December 31, 2018. For the full year 2018, Boise Cascade reported net income of $20.5 million, or $0.52 per share, on sales of $5.0 billion. Fourth quarter 2018 results included the following items that negatively effected reported earnings (after-tax amounts assume a 25% tax rate): $24.0 million of pre-tax impairment and sale related losses, or $0.46 per share after-tax, related to the pending sale of our hardwood plywood facility in Moncure, North Carolina. $55.0 million and $2.8 million, respectively, of pre-tax accelerated depreciation and other curtailment related costs, or $1.11 per share after-tax, due to the permanent curtailment of LVL pro Show less Read more
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