Simpson Manufacturing Co., Inc. Announces 2019 First Quarter Financial Results
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Simpson Manufacturing (SSD) Misses Q1 EPS by 4c, Revenues Beat; Provides Business Outlook
April 29, 2019 4:21 PM EDTSimpson Manufacturing (NYSE: SSD) reported Q1 EPS of $0.50, $0.04 worse than the analyst estimate of $0.54. Revenue for the quarter came in at $259.2 million versus the consensus estimate of $255.8 million.
"We had a solid start to the year with our first quarter of 2019 net sales increasing 6% yearoveryear to $259.2 million, primarily due to higher average selling prices," commented Karen Colonias, President and Chief Executive Officer of Simpson Manufacturing Co., Inc. "Our overall sales volume was relatively steady with the fourth quarter of 2018. On a year-over-year basis, sales volume for our concrete... More
