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SSD - Simpson Manufacturing EPS beats by $0.05 beats on revenue
Simpson Manufacturing Company Inc.
Simpson Manufacturing (SSD): Q2 GAAP EPS of $1.66 beats by $0.05.Revenue of $410.28M (+25.8% Y/Y) beats by $14.35M.Gross margin of 47.9% increased from 45.9% in the prior year period.Declared $0.25 per share quarterly cash dividend.Outlook 2021: Operating margin is estimated to be in the range of 19.5% to 21.0%.The effective tax rate is estimated to be in the range of 25.0% to 26.0%.Capital expenditures are estimated to be in the range of $55M to $60M.Press Release