Simpson Manufacturing Co Inc reports results for the quarter ended in June - Earnings Summary

Simpson Manufacturing

24/07/2023 23:21

* Simpson Manufacturing Co Inc  SSD.N  reported quarterly
adjusted
earnings of $2.50​​ per share for the quarter ended in June. The
mean expectation of four analysts for the quarter was
for earnings of $2.05 per share.
    * Revenue rose 0.7% to $597.58 million from a year ago;
analysts
expected $554.27 million. 
    * Simpson Manufacturing Co Inc's reported EPS for the
quarter was
$2.50​.
    * The mean earnings estimate of analysts had risen by
about 6.8%
in the last three months.​ 
    * In the last 30 days, there have been no negative revisions
of
earnings estimates 
    * Simpson Manufacturing Co Inc shares had risen by 7.9% this
quarter and gained 68.5% so far this year.
    * The company reported quarterly net income of $107.21
million.
    * Wall Street's median 12-month price target for Simpson
Manufacturing Co Inc is $146.00 
    * 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." 

This summary was machine generated from LSEG Refinitiv data July
24 at 10:21 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      2.05           2.50           Beat
 Mar. 31 2023      1.40           2.05           Beat
 Dec. 31 2022      1.03           1.35           Beat
 Sep. 30 2022      1.52           2.06           Beat