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Dec 31, 2019
Simpson Q4 2019 Earnings Report
Simpson's Q4 2019 earnings were announced, demonstrating year-over-year growth in net sales and net income per diluted common share.
Key Takeaways
Simpson Manufacturing Co., Inc. reported an 8.5% increase in fourth-quarter net sales, reaching $262.5 million, and a 125.0% increase in net income per diluted common share, which amounted to $0.63. The company's focus on cost structure rationalization led to a 100 basis point improvement in total operating expenses as a percentage of net sales.
Net sales increased by 8.5% year-over-year, reaching $262.5 million.
Net income per diluted common share increased by 125.0% year-over-year, amounting to $0.63.
Gross profit margin increased to 41.9% from 40.6%.
Total operating expenses as a percentage of net sales improved by 100 basis points year-over-year.
Revenue by Segment
Revenue by Geographic Location
Forward Guidance
The Company's outlook for the full fiscal year ending December 31, 2020, includes a gross margin estimated to be in the range of approximately 43.5% to 44.5% and an effective tax rate is estimated to be in the range of approximately 25.0% to 26.0%, including both federal and state income tax rates.
Positive Outlook
- Gross margin is estimated to be in the range of approximately 43.5% to 44.5%.
- The effective tax rate is estimated to be in the range of approximately 25.0% to 26.0%, including both federal and state income tax rates.
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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