Simpson Manufacturing Posts Q3 Net Income of $109.1M, Beating Analyst Estimates

Simpson Manufacturing Co. (SSD) on Monday reported third-quarter net income of $109.1 million, or $2.68 per share, topping Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of $2.47 per share. The Pleasanton, California-based building materials company posted revenue of $638.1 million in the period.