Simpson Manufacturing (SSD) Tops Q4 EPS by 6c

Simpson Manufacturing (NYSE: SSD) reported Q4 EPS of $0.63, $0.06 better than the analyst estimate of $0.57. Revenue for the quarter came in at $262.5 million versus the consensus estimate of $263.61 million.

Business Outlook

Based on current business trends and conditions, the Company's outlook for the full fiscal year ending December 31, 2020 is as follows:

• Gross margin is estimated to be in the range of approximately 43.5% to 44.5%.
• The effective tax rate is estimated to be in the range of approximately 25.0% to 26.0%, including both federal and state income tax rates.

For earnings history and earnings-related data on Simpson Manufacturing (SSD) click here.

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