Earnings Preview For Simpson Manufacturing Co
Portfolio Pulse from Benzinga Insights
Simpson Manufacturing Co (NYSE:SSD) is scheduled to release its quarterly earnings report on 2024-02-05, with analysts estimating an EPS of $1.48. Historical data shows mixed reactions to past earnings, with the last quarter beating estimates but followed by a 4.99% drop in share price. Shares are currently trading at $185.8, up 71.6% over the last 52 weeks, indicating a positive long-term outlook. Investors will be keen on both the earnings outcome and the company's future guidance.
February 02, 2024 | 3:00 pm
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Simpson Manufacturing Co is expected to report an EPS of $1.48 for the latest quarter. Historical performance shows mixed reactions to earnings announcements. Shares have seen a significant increase over the past year.
Given the historical mixed reactions to earnings reports and the significant year-to-date increase in share price, the short-term impact is uncertain. Positive guidance could lead to further gains, while meeting or missing estimates might result in minimal impact due to the already strong performance.
CONFIDENCE 80
IMPORTANCE 90
RELEVANCE 100