How has SSD's earnings trend changed over 2024?
4/5/2025 06:39pm
Simpson Manufacturing (SSD) has shown a fluctuating earnings trend over 2024, with a notable decline in the fourth quarter compared to the previous one.
1. **Growth in Q1 and Q2**: SSD's net income increased from $75.43 million in Q1 to $97.83 million in Q2, indicating a positive growth period.
2. **Peak in Q3**: The company's earnings reached a peak at $93.52 million in Q3, which was a notable high point compared to the previous and following quarters.
3. **Decline in Q4**: However, there was a significant drop in earnings to $55.46 million in Q4, which was a 41% decrease from the previous quarter's earnings. This decline suggests a challenging period for the company towards the end of the year.
The fluctuating trend in SSD's earnings over 2024 reflects a company that has experienced growth in the first half of the year but faced challenges in the latter half, particularly in the fourth quarter.
|code|Ticker|Name|Date|Diluted EPS YoY|Diluted EPS|market_code|
|---|---|---|---|---|---|---|
|SSD|SSD.N|Simpson Manufacturing|2024 Q1|-13.658536585365846|1.77|169|
|SSD|SSD.N|Simpson Manufacturing|2024 Q2|-7.599999999999999|2.31|169|
|SSD|SSD.N|Simpson Manufacturing|2024 Q3|-9.053497942386839|2.21|169|
|SSD|SSD.N|Simpson Manufacturing|2024 Q4|2.343750000000002|1.31|169|
|code|Ticker|Name|Date|Total Revenue YoY|Total Revenue|market_code|
|---|---|---|---|---|---|---|
|SSD|SSD.N|Simpson Manufacturing|2024 Q1|-0.7205808057182419|5.30579E8|169|
|SSD|SSD.N|Simpson Manufacturing|2024 Q2|-0.10073964992134944|5.96978E8|169|
|SSD|SSD.N|Simpson Manufacturing|2024 Q3|1.2186166141455375|5.87153E8|169|
|SSD|SSD.N|Simpson Manufacturing|2024 Q4|3.1330848498136374|5.17429E8|169|