On Monday, July 26, Simpson Manufacturing Co SSD will release its latest earnings report. Benzinga's report can help you figure out the ins and outs of the earnings release.
Net Income, Earnings, And Earnings Per Share
Earnings and EPS are useful metrics of profitability. Total earnings also known as net income is equal to total revenue minus total expenses. Dividing net income by the total number of shares outstanding yields EPS.
Earnings And Revenue
Simpson Manufacturing Co EPS will likely be near $1.6 while revenue will be around $393.68 million, according to analysts. In the same quarter last year, Simpson Manufacturing Co reported earnings per share of $1.22 on revenue of $326.08 million.
What Are Analyst Estimates And Earnings Surprises, And Why Do They Matter?
Wall Street analysts who study this company will publish analyst estimates of revenue and EPS. The averages of all analyst EPS and revenue estimates are called the "consensus estimates"; these consensus estimates can have a significant effect on a company's performance during an earnings release. When a company posts earnings or revenue above or below a consensus estimate, it has posted an "earnings surprise", which can really move a stock depending on the difference between actual and estimated values.
If the company were to report earnings in line when it publishes results Monday, earnings would be up 31.15%. Revenue would be have grown 20.73% from the same quarter last year. Simpson Manufacturing Co's reported EPS has stacked up against analyst estimates in the past like this:
Quarter | Q1 2021 | Q4 2020 | Q3 2020 | Q2 2020 |
---|---|---|---|---|
EPS Estimate | 0.89 | 0.66 | 0.95 | 0.55 |
EPS Actual | 1.16 | 0.68 | 1.54 | 1.22 |
Revenue Estimate | 313.83 M | 276.07 M | 312.40 M | 247.84 M |
Revenue Actual | 347.64 M | 293.90 M | 364.30 M | 326.08 M |
Want Real-Time Earnings Calendar Updates?
Benzinga consistently updates its earnings calendars to stay up-to-date with the latest company earnings reports. Check out the full earnings calendar list updated in real-time by following this link.
Stock Performance
Shares of Simpson Manufacturing Co were trading at $109.67 as of July 22. Over the last 52-week period, shares are up 16.94%. Given that these returns are generally positive, long-term shareholders are probably satisfied going into this earnings release.
Do not be surprised to see the stock move on comments made during its conference call. Simpson Manufacturing Co is scheduled to hold the call at 17:00:00 ET and can be accessed here.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.