Simpson Manufacturing shares rise after first-quarter profit and revenue beat expectations
Updated
Updated · MarketWatch · Apr 27
Simpson Manufacturing shares rise after first-quarter profit and revenue beat expectations
8 articles · Updated · MarketWatch · Apr 27
Shares climbed 4.6% to $195.12 in after-hours trading after Simpson reported Q1 profit of $88.2 million and sales of $588 million.
Earnings per share reached $2.13, surpassing analyst forecasts of $1.87, while revenue also exceeded the expected $552.3 million.
The company reaffirmed its full-year outlook, with shares up 16% year-to-date, reflecting sustained investor confidence in Simpson Manufacturing’s performance.
Is Simpson's record profit a sign of true strength or just passing inflation costs to customers?
Can Simpson’s European growth strategy offset the predicted slowdown in the U.S. housing market?
How are Simpson's new U.S. plants being leveraged to combat rising global tariff pressures?
Will Simpson’s push into green building materials protect it from volatility in traditional construction?
How will the new Persian Gulf conflict disrupt the supply chain for America's top building supplier?