Simpson Manufacturing Co Inc expected to post earnings of $1.99 a share - Earnings Preview

Simpson Manufacturing

23/07/2022 03:06

* Simpson Manufacturing Co Inc  SSD.N   SSD  is expected
to show a
rise in quarterly revenue when it reports  results on July 25. 
    * The Pleasanton California-based  company is expected to
report 
a 41.3% increase in revenue to $579.843 million from $410.28
million a year ago, according to the mean estimate from 4
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Simpson
Manufacturing Co
Inc is for earnings of $1.99 per share. For the same quarter
last year, the company reported earnings of $1.66 per share.
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 3 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Simpson
Manufacturing Co Inc is $134.5​, above​ its last closing price
of $108.52. ​​​
    * Previous quarterly performance (using preferred earnings
measure
in US dollars). ​

 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Mar. 31 2022  1.66        1.67       2.18      Beat    30.9
 Dec. 31 2022  0.95        0.95       1.61      Beat    69.1
 Sep. 30 2021  1.78        1.77       1.70      Missed  -4.1​
 Jun. 30 2021  1.60        1.61       1.66      Beat    2.8
 ​​Mar.        0.92        0.90       1.16      Beat    29.6
 31 2021                                                
 Dec. 31 2020  0.65        0.66       0.68      Beat    3.5​
 Sep. 30 2020  1.03        0.99       1.54      Beat    56.3
 Jun. 30 2020  0.57        0.55       1.22      Beat    120.8
 This summary was machine generated July 23 at 02:06 GMT.  All
figures in US dollars  unless otherwise stated