Simpson Manufacturing Earnings Preview: Get Ahead of the Analysts
Simpson Manufacturing Co. (NYSE:SSD) will report earnings after markets close on Thursday, April 25th. Simpson Manufacturing Co., Inc., through its Simpson Strong-Tie Company Inc. subsidiary, designs, engineers, and manufactures wood-to-wood, wood-to-concrete, and wood-to-masonry connectors and shear walls. The Company’s other subsidiary, Simpson Dura-Vent Company, Inc., designs, engineers, and manufactures venting systems for gas and woodburning appliances.
Here is your Cheat Sheet to Simpson Manufacturing Co. Earnings:
Earnings Expectations: Analysts expect earnings of $0.18 per share on revenues of $168.45 million. Currently, the company’s P/E ratio stands at 35.01.
Analysts have a more negative outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings has fallen from a profit of $0.39 to a profit $0.36. For the current year, the average estimate is a profit of $0.99, which is worse than the estimate ninety days ago.
Here’s how Simpson Manufacturing Co. has been performing on an annual basis:
|Revenue ($) in millions||676.72||526.54||555.49||603.45||657.24|
|Diluted EPS ($)||1.10||0.25||0.58||1.04||0.87|
Next, our CHEAT SHEET investing framework asks us to drill down to the recent quarterly data:
|Quarter||Dec. 31, 2011||Mar. 31, 2012||Jun. 30, 2012||Sep. 30, 2012||Dec. 31, 2012|
|Revenue ($) in millions||130.73||158.73||181.70||172.11||144.69|
|Diluted EPS ($)||0.11||0.15||0.33||0.27||0.12|
Simpson Manufacturing Co. has missed analyst estimates 3 times in the past four quarters. Shareholders could expect a bust if the company misses estimates.
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(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at] wallstcheatsheet.com)