Investing.com - Simpson Manufacturing reported on Monday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Simpson Manufacturing announced earnings per share of $2.06 on revenue of $553.70. Analysts polled by Investing.com anticipated EPS of $1.54 on revenue of $529.94M.
Simpson Manufacturing shares are up 48.74% from the beginning of the year, still down 44.63% from its 52 week high of $141.26 set on December 30, 2021.
Simpson Manufacturing follows other major Industrials sector earnings this month
Simpson Manufacturing's report follows an earnings missed by Lockheed Martin on July 19, who reported EPS of $1.16 on revenue of $15.45B, compared to forecasts EPS of $1.88 on revenue of $15.98B.
Union Pacific had beat expectations on Thursday with third quarter EPS of $3.19 on revenue of $6.57B, compared to forecast for EPS of $3.08 on revenue of $6.44B.
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