Simpson Manufacturing ($SSD) Q3 2024 Earnings Preview

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Get ready to discover the eagerly anticipated third quarter financial results of Simpson Manufacturing (NYSE: SSD) on Monday 21st October 2024. This significant announcement is scheduled to take place after market close, giving investors and analysts a chance to gain valuable insights into the company's financial performance.

Wall Street financial experts forecast that the enterprise is set to announce an expected $2.40 profit per share for the quarter. Moreover, the company is anticipated to disclose a total revenue of $591.07 million for this particular period.

In the corresponding quarter of the previous year, the company's earnings report revealed a per-share income of $2.43. This significant amount was attributed to the company's remarkable total revenue of $580.08 million generated during that specific period.

Analysts have provided their projections for the company's full-year performance, revealing that they expect the company to generate a total revenue of $2.23 billion. At the same time, the earnings per share for the company are also anticipated to reach profit of $8.05 during the fiscal year.

Period EPS
Actual
EPS
Growth*
Revenue
Actual
Revenue
Growth*
Historical Earnings Insight
Q2 2024 $2.31 -7.6% 596.98 M -0.1%
Q1 2024 $1.77 -13.7% 530.58 M -0.7%
Q4 2023 $1.28 -5.2% 501.71 M +5.5%
Q3 2023 $2.43 +18.0% 580.08 M +4.8%
Q2 2023 $2.50 +15.7% 597.58 M +0.7%
*Growth on year-over-year basis

 

SSD has scheduled a conference call on 21st October 2024 at 05:00 PM eastern time to discuss the third quarter financial results and other related information.

Simpson Manufacturing (SSD) closed Thursday's regular trading session at $192.25, reflecting a 1.68 percent gain. The stock fluctuated between $188.03 and $192.67 during the day, with a volume of 251.20 thousand shares.