Simpson Manufacturing Co Inc expected to post earnings of $2.48 a share - Earnings Preview

Simpson Manufacturing

19/07/2024 23:59

* Simpson Manufacturing Co Inc  SSD.N   SSD  is expected
to show a
rise in quarterly revenue when it reports  results on July 22
for the period ending June 30 2024
    * The Pleasanton California-based  company is expected to
report a
1.7% increase in revenue to $607.92 million from $597.58 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 $2.48 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 was unchanged 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 $181.33. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Mar. 31 2024  1.91        1.92       1.77      Missed  -7.9
 Dec. 31 2024  1.49        1.49       1.28      Missed  -14
 Jan. 1 0001   2.20        2.18       2.44      Beat    11.9​
 Jun. 30 2023  2.07        2.05       2.50      Beat    22
 ​​Mar.        1.41        1.40       2.05      Beat    46.6
 31 2023                                                
 Dec. 31 2022  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
 This summary was machine generated July 19 at 22:59 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)