Simpson Manufacturing Co Inc expected to post earnings of $1.92 a share - Earnings Preview

Simpson Manufacturing

19/04/2024 22:44

* Simpson Manufacturing Co Inc  SSD.N   SSD  is expected
to show a
rise in quarterly revenue when it reports  results on April 22
for the period ending March 31 2024
    * The Pleasanton California-based  company is expected to
report a
2.9% increase in revenue to $549.854 million from $534.43
million a year ago, according to the mean estimate from 3
analysts, based on LSEG data. (Sales/Revenue Majority Basis is
on Net Sales)
    * ​LSEG's mean analyst estimate for Simpson Manufacturing Co
Inc
is for earnings of $1.92 per share. 
    * 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 mean earnings estimate of analysts had risen by
about 0.7%
in the last three months. ​
    * Wall Street's median 12-month price target for Simpson
Manufacturing Co Inc is $195.00​, above​ its last closing price
of $184.38. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Dec. 31 2023  1.49        1.49       1.28      Missed  -14
 Sep. 30 2023  2.20        2.18       2.44      Beat    11.9
 Jun. 30 2023  2.07        2.05       2.50      Beat    22​
 Mar. 31 2023  1.41        1.40       2.05      Beat    46.6
 ​​Dec.        1.03        1.03       1.35      Beat    31
 31 2022                                                
 Sep. 30 2022  1.53        1.52       2.06      Beat    35.6​
 Jun. 30 2022  1.97        1.99       2.16      Beat    9
 Mar. 31 2022  1.66        1.67       2.18      Beat    30.9
 This summary was machine generated April 19 at 21:44 GMT.  All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)