Simpson Manufacturing (SSD) Tops Q3 EPS by 59c, Revenues Beat

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Simpson Manufacturing Co., Inc. Announces 2020 Third Quarter Financial Results

October 26, 2020 4:15 PM EDT

PLEASANTON, Calif., Oct. 26, 2020 /PRNewswire/ --

Net sales of $364.3 million increased 17.5% year-over-year Strong gross margin of 47.6% improved 3.2% year-over-year Income from operations of $91.3 million increased 49.8% year-over-year, operating margin of 25.1% increased 5.4% year-over-year Diluted earnings per share of $1.54 increased 58.8% year-over-year Updating full year 2020 financial guidance on improved demand outlook Declared a $0.23 per share cash dividend

Simpson Manufacturing Co., Inc. (the "Company") (NYSE: SSD), an industry leader in engineered structural connectors and building solutions, today announced its financial results for... More