Simpson Manufacturing reports Q3 EPS $2.58, consensus $2.34

Reports Q3 revenue $623.5M, consensus $604.86M. “We delivered solid third quarter results despite ongoing softness in residential housing markets across the U.S. and Europe,” said Mike Olosky, President and Chief Executive Officer of Simpson Manufacturing (SSD) Co., Inc. “Our pricing actions, particularly in response to tariff pressures and a positive impact from foreign exchange, drove net sales growth of over 6%. I am proud of how our teams navigated a complex macroeconomic backdrop, especially in the Southern and Western regions of the U.S., where we typically have higher content per unit and housing starts remain under pressure. In Europe, we were also pleased to see sales growth in local currency, primarily driven by higher volumes. We remain focused on driving above market growth.”