Simpson Manufacturing Co., Inc. Announces 2018 Second Quarter Financial Results

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Simpson Manufacturing (SSD) Tops Q2 EPS by 21c, Revenues Beat

July 30, 2018 4:20 PM EDT

Simpson Manufacturing (NYSE: SSD) reported Q2 EPS of $0.94, $0.21 better than the analyst estimate of $0.73. Revenue for the quarter came in at $308 million versus the consensus estimate of $282.03 million.

2018 second quarter net sales of $308.0 million increased 17.1% yearoveryear2018 second quarter earnings of $0.94 per diluted share increased 59.3% year-over-year

Management Commentary

"We had an excellent second quarter with our net sales up 17% year-over-year to $308.0 million," commented Karen Colonias, President and Chief Executive Officer of Simpson Manufacturing Co., Inc. "Positive demand trends, supported by strong North American housing starts, resulted in... More