Earnings Report

Boise Cascade Corp. said first-quarter earnings totaled $25.5 million, or 32 cents a share, down from $57 million, or 93 cents a share, a year earlier.

“Orders for paper fell as economic growth in Europe and the U.S. slowed and as customers worked off higher-than-normal inventories that they had accumulated last year as a hedge against rapidly rising paper prices,” spokesman Robert Hayes said.