Simpson Manufacturing beats Q2 sales estimates, reaffirms FY25 guidance

Simpson Manufacturing

28/07/2025 21:25

Overview

Simpson Manufacturing Q2 net sales rise 5.7% yr/yr, beating analyst expectations, per LSEG data

Net income per diluted share increases 6.9% yr/yr to $2.47

Co repurchased $35 mln of common stock during the quarter

Outlook

Simpson Manufacturing reaffirms 2025 guidance

Company estimates 2025 operating margin between 18.5% and 20.5%

Simpson Manufacturing sees effective tax rate of 25.5% to 26.5%

Capital expenditures projected at $140 mln to $160 mln for 2025

Result Drivers

PRICE INCREASES - North America sales growth driven by recent price increases and acquisitions

CURRENCY TRANSLATION - European sales benefited from favorable currency translation

COST MANAGEMENT - Operating margin expansion in Europe due to disciplined cost management

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Sales
Beat
$631.06 mln
$599.40 mln (3 Analysts)
Q2 EPS
$2.47
Q2 Net Income
$103.54 mln


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 2 "strong buy" or "buy", 1 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the construction supplies & fixtures peer group is "buy"

Wall Street's median 12-month price target for Simpson Manufacturing Co Inc is $182.00, about 9% above its July 25 closing price of $165.66

The stock recently traded at 20 times the next 12-month earnings vs. a P/E of 19 three months ago

Press Release: ID:nPn2NLlPca

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)