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Simpson Manufacturing: 4Q Earnings Snapshot

PLEASANTON, Calif. (AP) _ Simpson Manufacturing Co. (SSD) on Monday reported fourth-quarter profit of $15.6 million.

The Pleasanton, California-based company said it had net income of 34 cents per share. Earnings, adjusted for asset impairment costs, came to 46 cents per share.

The building materials company posted revenue of $241.8 million in the period.

For the year, the company reported profit of $129.5 million, or $2.78 per share. Revenue was reported as $1.08 billion.

Simpson Manufacturing shares have climbed 13 percent since the beginning of the year. In the final minutes of trading on Monday, shares hit $60.94, an increase of nearly 5 percent in the last 12 months.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on SSD at https://www.zacks.com/ap/SSD