Simpson Manufacturing Co., Inc. Announces 2019 Second Quarter Financial Results
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Simpson Manufacturing (SSD) Misses Q2 EPS by 14c, Revenues Miss
July 29, 2019 4:24 PM EDTSimpson Manufacturing (NYSE: SSD) reported Q2 EPS of $0.88, $0.14 worse than the analyst estimate of $1.02. Revenue for the quarter came in at $304.85 million versus the consensus estimate of $323.71 million.
2019 Second Quarter Financial Highlights
All comparisons below (which are generally indicated by words such as "increased," "decreased," "remained," or "compared to"), unless otherwise noted, are comparing the quarter ended June 30, 2019 with the quarter ended June 30, 2018.
Consolidated net sales of $304.9 million decreased 1.0% from $308.0 million.North America net sales of $259.1 million decreased 0.3% from $259.8 million, primarily due to lower sales volume, partly offset by higher... More