Simpson Manufacturing Co., Inc. Announces 2019 Third Quarter Financial Results
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Simpson Manufacturing (SSD) Tops Q3 EPS by 7c, Revenues Beat
October 28, 2019 4:26 PM EDTSimpson Manufacturing (NYSE: SSD) reported Q3 EPS of $0.97, $0.07 better than the analyst estimate of $0.90. Revenue for the quarter came in at $309.9 million versus the consensus estimate of $290.34 million.
Net sales of $309.9 million increased 9.1% year-over-year on stronger sales volumesEurope operating income of $5.4 million increased 36.3% year-over-year on reduced operating expensesRepurchased $21.4 million of the Company's common stock during the quarterDeclared a $0.23 per share cash dividendManagement Commentary
"Our 2019 third quarter net sales of $309.9 million were up 9% year-over-year... More
