Simpson Manufacturing Co says its operating margin is estimated to be in the range of 19.0% to 19.5% and Capital expenditures are estimated to be in the range of $175.0 million to $185.0 million for FY 2024.
Portfolio Pulse from Benzinga Newsdesk
Simpson Manufacturing Co (NYSE:SSD) has announced its financial estimates for FY 2024, projecting an operating margin between 19.0% and 19.5%, and capital expenditures between $175 million and $185 million.
October 21, 2024 | 8:33 pm
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NEUTRAL IMPACT
Simpson Manufacturing Co has provided its financial outlook for FY 2024, estimating an operating margin of 19.0% to 19.5% and capital expenditures of $175 million to $185 million.
The announcement of operating margin and capital expenditure estimates provides investors with insight into the company's expected financial performance and investment plans for FY 2024. The neutral score reflects that these estimates are within a typical range and do not indicate a significant deviation from expected performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100