Simpson Manufacturing Co Earnings Preview
Portfolio Pulse from Benzinga Insights
Simpson Manufacturing Co (NYSE:SSD) is set to release its quarterly earnings on October 21, 2024. Analysts expect an EPS of $2.40. Last quarter, the company missed EPS by $0.17, leading to a 0.85% drop in share price. Shares are currently trading at $192.25, up 44.29% over the past year.
October 18, 2024 | 2:01 pm
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Simpson Manufacturing Co is expected to announce its quarterly earnings with an anticipated EPS of $2.40. Previous earnings miss led to a slight drop in share price. Current share price is $192.25, with a 44.29% increase over the past year.
The upcoming earnings report is crucial for SSD as it could influence short-term stock price movements. The previous earnings miss resulted in a minor price drop, indicating sensitivity to earnings results. The stock's strong performance over the past year suggests investor optimism, but the actual impact will depend on whether SSD meets or exceeds expectations.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100