Simpson Manufacturing reports Q4 EPS $1.31, consensus $1.26

Reports Q4 revenue $517.43M, consensus $495.96M. “During 2024, we grew revenues modestly in a challenging year where housing starts in both the U.S. and Europe declined,” commented Mike Olosky, President and CEO of Simpson Manufacturing (SSD). “In North America, I am very pleased that volume growth in pounds shipped exceeded U.S. housing starts by approximately 600 basis points. In Europe, sales were flat despite a difficult demand environment.”