Brief: Simpson Manufacturing Reports Q2 Earnings Per Share $1.22

Simpson Manufacturing

27/07/2020 21:22

July 27 (Reuters) - Simpson Manufacturing Co Inc  SSD.N :
    * SIMPSON MANUFACTURING CO., INC. ANNOUNCES 2020 SECOND
QUARTER
FINANCIAL RESULTS
    * Q2 EARNINGS PER SHARE $1.22
    * Q2 SALES ROSE 7 PERCENT TO $326.1 MILLION
    * Q2 REVENUE ESTIMATE $251.9 MILLION -- REFINITIV IBES DATA
    * Q2 EARNINGS PER SHARE ESTIMATE $0.55 -- REFINITIV IBES
DATA
    * PROVIDING FULL YEAR 2020 FINANCIAL GUIDANCE ON IMPROVED
DEMAND
OUTLOOK
    * SEES FY NET SALES TO INCREASE IN RANGE OF 1.5% TO 4.0%
COMPARED
TO FULL YEAR ENDED DECEMBER 31, 2019
    * SEES FY 2020 SALES UP 1.5 TO 4 PERCENT
    * SEES FY GROSS MARGIN TO BE IN RANGE OF 43.0% TO 45.0%

Source text for Eikon:  ID:nPn5ZG6D4a 
Further company coverage:  SSD.N 

 ((Reuters Messaging: Reuters.Briefs@thomsonreuters.com))