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.
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IMPORTANCE 90
RELEVANCE 100