Valmont Industries Inc expected to post earnings of $2.44 a share - Earnings Preview

Valmont Industries

18/04/2022 21:22

* Valmont Industries Inc  VMI.N   VMI  is expected to show a
rise
in quarterly revenue when it reports  results on April 20. 
    * The Omaha Nebraska-based  company is expected to report  a
14.6% increase in revenue to $888.13 million from $774.89
million a year ago, according to the mean estimate from 5
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Valmont Industries
Inc is
for earnings of $2.44 per share. For the same quarter last year,
the company reported earnings of $2.57 per share.
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 5 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Valmont
Industries Inc is $275​, above​ its last closing price
of $240.71. ​​​
    * Previous quarterly performance (using preferred earnings
measure
in US dollars). ​

 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Dec. 31 2021  2.65        2.65       2.73      Beat    2.9
 Sep. 30 2021  2.48        2.47       2.57      Beat    4
 Jun. 30 2021  2.49        2.50       3.06      Beat    22.6​
 Mar. 31 2021  2.12        2.12       2.57      Beat    21.3
 ​​Dec.        1.79        1.79       2.20      Beat    22.8
 31 2020                                                
 Sep. 30 2020  1.72        1.72       1.99      Beat    15.8​
 Jun. 30 2020  1.42        1.44       2.00      Beat    39.2
 Mar. 31 2020  1.37        1.39       1.99      Beat    43.4
 This summary was machine generated April 18 at 20:22 GMT.  All
figures in US dollars  unless otherwise stated