Boise Cascade Co (BCC) reported Q1 GAAP earnings late Monday of $1.06 per diluted share, down from $2.61 a year earlier.

Two analysts polled by FactSet expected $1.42.

Sales for the quarter ended March 31 were $1.54 billion, down from $1.65 billion a year earlier.

Analysts surveyed by FactSet expected $1.52 billion.

The company kept its quarterly dividend at $0.21 per share, payable June 18 to holders of record June 2.