Simpson Manufacturing Q1 sales rise 9.1%, beat estimates

Simpson Manufacturing Co

27/04/2026 21:24

Corrects second Overview bullet to say Q1 EPS, not Q1 adjusted EPS, rose 15%; removes reference to analyst estimates

Overview

US building products maker's Q1 net sales rose 9.1%, beating analyst expectations

EPS for Q1 rose 15% yr/yr

Company repurchased $50 mln of common stock during the quarter

Outlook

Simpson Manufacturing reaffirms 2026 operating margin guidance of 19.5% to 20.5%

Company expects 2026 effective tax rate between 25% and 26%

Simpson Manufacturing projects 2026 capital expenditures of $75 mln to $85 mln

Result Drivers

PRICING ACTIONS - Co said 2025 price increases drove most of Q1 net sales growth

COST SAVINGS - Cost savings initiatives from last year contributed to improved operating income

SOFTER VOLUMES - Q1 sales volume declined about 1% due to softer housing start activity

Company press release: ID:nPn70vrrDa

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Sales
Beat
$587.96 mln
$552.26 mln (5 Analysts)
Q1 EPS
$2.13
Q1 Net Income
$88.22 mln


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy", 2 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the construction supplies & fixtures peer group is "buy"

Wall Street's median 12-month price target for Simpson Manufacturing Co Inc is $205.00, about 12.9% above its April 24 closing price of $181.57

The stock recently traded at 20 times the next 12-month earnings vs. a P/E of 18 three months ago

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)