SSD Earnings Prediction
The chart below shows how SSD performed 10 days before and after its earnings report, based on data from the past quarters. Typically, SSD sees a -1.33% change in stock price 10 days leading up to the earnings, and a +3.10% change 10 days following the report. On the earnings day itself, the stock moves by -0.70%. This data can give you a slight idea of what to expect for the next quarter's release.
SSD Key Earning Data
2024/Q4
Year Over Year
Quarter Over Quarter
Total Revenue
517.43M
3.13%
-11.87%
Gross Margin
44.01%
0.14%
-6.06%
Operating Margin
15.01%
4.53%
-30.15%
Net Margin
10.72%
-1.83%
-32.71%
EPS
1.31
2.34%
-40.72%
No Data Available
SSD Earnings Analysis
Simpson Manufacturing Co Inc Corporation (SSD.N) Earnings Conference Call
Positive
2024 Net Sales Growth: Full year 2024 net sales reached $2.23 billion, reflecting modest growth over 2023 levels despite challenging housing markets in the U.S. and Europe.
North American Net Sales Increase: North American net sales totaled $1.74 billion, up from $1.72 billion in 2023, driven by higher sales volumes and approximately $12 million from acquisitions.
Q4 Sales Increase: Consolidated net sales for Q4 2024 increased by 3.1% year over year to $517.4 million, with North America segment sales rising by 4.4% to $404.8 million.
Operating Income Improvement: Fourth quarter consolidated income from operations increased by 7.4% to $76.8 million, resulting in an operating income margin of 14.9%, up from 14.3% in the prior year.
Q4 Adjusted EBITDA Growth: Adjusted EBITDA for Q4 2024 was $102 million, reflecting a 9.9% increase year over year, showcasing strong operational performance.
Negative
Gross Margin Decline: Consolidated gross margin declined to 46% from 47.1% in 2023, driven by higher input and labor costs, indicating a negative trend in profitability.
Operating Margin Decline: Operating margin decreased by approximately 220 basis points to 19.3% compared to the previous year, reflecting investments that did not yield expected market growth.
Decline in Adjusted EBITDA: Adjusted EBITDA totaled $520.1 million in 2024, a decline of 6.2% year over year, resulting in an adjusted EBITDA margin of 23.3%, highlighting reduced operational efficiency.
European Sales Decline: Net sales in Europe decreased by 1.5% to $108.1 million, primarily due to lower sales volumes, indicating challenges in the European market.
European Operational Decline: Income from operations in Europe plummeted 75.2% to $800,000 due to lower gross profit, underscoring significant operational difficulties in that segment.
SSD FAQs
How does SSD typically perform around its earnings report dates?
Is Simpson Manufacturing Co Inc (SSD) Q4 2024 Earnings Call Summary positive or negative?
How can historical earnings data help predict future stock performance?
SSD Earning Call Sentiment
Earnings call transcript: Simpson Manufacturing Q4 2024 misses EPS forecast
SSD.N
-2.86%Positive
The earnings call reflects mixed sentiment: modest net sales growth, a decline in gross and operating margins, and cautious guidance due to market conditions. Positive aspects include acquisitions, share repurchases, and a commitment to shareholder returns. However, concerns about overcapacity, regulatory challenges, and supply chain issues counterbalance these positives. The Q&A reveals management's cautious optimism but unclear responses on key issues. Overall, the sentiment is neutral, suggesting limited short-term stock price movement.
