Simpsons Manufacturing Company Sees FY23 Operating Margin 20.5%-21.5%; Capital Expenditures $105M-$115M
Portfolio Pulse from Benzinga Newsdesk
Simpsons Manufacturing Company has projected its FY23 operating margin to be between 20.5% and 21.5%. The company also expects its capital expenditures to range from $105M to $115M.
July 24, 2023 | 8:40 pm
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NEUTRAL IMPACT
Simpsons Manufacturing Company's projected FY23 operating margin and capital expenditures could influence its stock performance.
The company's projected operating margin and capital expenditures for FY23 are key financial indicators that could influence investor sentiment and thus the stock performance. However, the actual impact will depend on various other factors including market conditions and the company's actual performance against these projections.
CONFIDENCE 85
IMPORTANCE 75
RELEVANCE 100