Simpson Manufacturing Company Sees FY23 Capital Expenditures ~$100M; Operating Margin 22.0%-22.5%
Portfolio Pulse from Benzinga Newsdesk
Simpson Manufacturing Company has projected its capital expenditures for FY23 to be around $100 million. The company also expects its operating margin to be between 22.0% and 22.5%.
October 23, 2023 | 8:21 pm
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NEUTRAL IMPACT
Simpson Manufacturing Company's announcement of its FY23 capital expenditures and operating margin may influence its stock price.
The company's projected capital expenditures and operating margin for FY23 are key financial indicators that investors consider when evaluating a company's future performance. While the news does not indicate whether these figures are better or worse than expected, it is likely to have some impact on the company's stock price.
CONFIDENCE 85
IMPORTANCE 75
RELEVANCE 100