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Jun 30, 2022
Simpson Q2 2022 Earnings Report
Reported strong financial and operational performance driven by net sales increase and the acquisition of ETANCO.
Key Takeaways
Simpson Manufacturing Co. announced strong Q2 2022 results, with net sales increasing by 44.6% to $593.2 million and diluted earnings per share rising by 30.1% to $2.16. The acquisition of ETANCO contributed significantly to the sales growth, and the company is progressing with integration efforts. The company has updated its 2022 financial outlook to include the acquisition of ETANCO.
Consolidated net sales increased 44.6% year-over-year to $593.2 million.
Income from operations increased 30.8% year-over-year to $133.1 million.
Diluted earnings per share increased 30.1% year-over-year to $2.16.
The Company repurchased $25.0 million of its common stock during the quarter.
Revenue by Segment
Revenue by Geographic Location
Forward Guidance
The Company has updated its 2022 financial outlook to include the acquisition of ETANCO, two quarters of actual results, and its latest expectations regarding demand trends, raw material costs and operating expenses.
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
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