Earnings RisksThe recommendation is to maintain an Underperform rating due to relative risks to earnings and sluggish trends in housing and construction markets.
Market DemandWeak housing demand, falling EWP prices, and margin pressure in building materials distribution are factors affecting the stock.
Outlook RevisionBoise Cascade lowered their 3Q25 outlook for EBITDA by ~$20M, to a range of $60M-$80M for the quarter.