Irrigation equipment maker Valmont beats Q3 sales, profit estimates on strong utility demand

Valmont Industries

21/10/2025 12:14

Overview

Valmont Q3 net sales rise 2.5% to $1.05 bln, beating analyst expectations

Adjusted EPS for Q3 increases 21.2% to $4.98, surpassing analyst estimates

Company raises full-year 2025 adjusted EPS outlook, citing strong operational performance

Outlook

Valmont raises full-year 2025 adjusted EPS outlook to $18.70-$19.50

Company updates full-year 2025 net sales forecast to ~$4.1 bln

Valmont lowers adjusted effective tax rate assumption to ~25.0%

Result Drivers

UTILITY DEMAND - Strong Utility demand and improved factory throughput drove Infrastructure segment growth

AGRICULTURE CHALLENGES - Agriculture segment faced challenges with decreased sales due to market softness and timing of project sales

TELECOMMUNICATIONS GROWTH - Telecommunications sales increased significantly due to alignment with carrier spending programs

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q3 Net Sales
$1.05 bln
Q3 Adjusted Net Sales
Beat
$1.05 bln
$1.03 bln (6 Analysts)
Q3 Adjusted EPS
Beat
$4.98
$4.61 (6 Analysts)
Q3 EPS
$4.98
Q3 Adjusted Net Earnings
Beat
$99.03 mln
$91.12 mln (5 Analysts)
Q3 Net Earnings
$99.03 mln


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 4 "strong buy" or "buy", 2 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the construction & engineering peer group is "buy"

Wall Street's median 12-month price target for Valmont Industries Inc is $400.00, about 2.2% below its October 20 closing price of $408.97

The stock recently traded at 20 times the next 12-month earnings vs. a P/E of 17 three months ago

Press Release: ID:nBw2n7kG9a

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)