Brief: Valmont Reports Fourth Quarter And Full Year 2022 Results

Valmont Industries

22/02/2023 22:48

Feb 22 (Reuters) - Valmont Industries Inc  VMI.N :
    * VALMONT REPORTS FOURTH QUARTER AND FULL YEAR 2022 RESULTS
    * QTRLY NET SALES OF $1.1 BILLION INCREASED 17.5%
    * QTRLY DILUTED EARNINGS PER SHARE $1.86
    * QTRLY ADJUSTED EARNINGS PER SHARE $3.57
    * SEES 2023 GAAP DILUTED EARNINGS PER SHARE OF $14.70 TO
$15.25
    * SEES 2023 ADJUSTED EARNINGS PER SHARE $15.35 TO $15.90
    * Q4 EARNINGS PER SHARE VIEW $3.57, REVENUE VIEW $1.06
BILLION --
REFINITIV IBES DATA
    * FY2023 EARNINGS PER SHARE VIEW $15.65 -- REFINITIV IBES
DATA
    * 2023 CAPITAL EXPENDITURES EXPECTED TO BE IN RANGE OF $105
TO
$125 MILLION

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