earnings
confidence high
sentiment negative
materiality 0.80
Simpson Q4 EPS $1.35 vs $1.61 YoY; net sales up 13.6%; FY23 op margin guidance 18-20%
Simpson Manufacturing Co., Inc.
2022-FY EPS reported
$7.76
revenue$2,116,087,000
- Q4 net sales $475.6M (+13.6% YoY); North America -1.4%, Europe +150.3% on ETANCO.
- Q4 GAAP diluted EPS $1.35 (down from $1.61); net income $57.6M vs $69.8M.
- Full-year EPS $7.76 (+26.8%); net sales $2.12B (+34.5%); operating margin 21.7%.
- Board declared $0.26 quarterly dividend payable April 27; new $100M buyback for 2023.
- FY23 outlook: operating margin 18-20%, capex $90-95M, effective tax rate 25-26%.