Simpson Manufacturing Co Inc expected to post earnings of $2.05 a share - Earnings Preview

Simpson Manufacturing

22/07/2023 03:08

* Simpson Manufacturing Co Inc  SSD.N   SSD  is expected
to show a
fall in quarterly revenue when it reports  results on July 24. 
    * The Pleasanton California-based  company is expected to
report 
a 6.6% decrease in revenue to $554.272 million from $593.23
million a year ago, according to the mean estimate from 3
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Simpson
Manufacturing Co
Inc is for earnings of $2.05 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 had risen by
about 0.2%
in the last three months. ​
    * Wall Street's median 12-month price target for Simpson
Manufacturing Co Inc is $146​, below​ its last closing price
of $149.40. ​​​

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 2023  1.41        1.40       2.05      Beat    46.6
 Dec. 31 2023  1.03        1.03       1.35      Beat    31
 Sep. 30 2022  1.53        1.52       2.06      Beat    35.6​
 Jun. 30 2022  1.97        1.99       2.16      Beat    9
 ​​Mar.        1.66        1.67       2.18      Beat    30.9
 31 2022                                                
 Dec. 31 2021  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
 This summary was machine generated July 22 at 02:08 GMT.  All
figures in US dollars  unless otherwise stated