Valmont Industries Inc expected to post earnings of $2.47 a share - Earnings Preview

Valmont Industries

18/10/2021 22:03

* Valmont Industries Inc  VMI.N   VMI  is expected to show a
rise in quarterly revenue when it reports results on October
20. 
* The Omaha, Nebraska-based company is expected to report  a
17.5% increase in revenue to $862.276 million from $733.97
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 $2.47 per share. For the same quarter last
year, the company reported earnings of $1.99 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 $270​, about 9.9% above​ its last closing
price of $243.18. ​​​
* Previous quarterly performance (using preferred earnings
measure in US dollars). ​
 QUARTER       STARMINE    REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        SMARTESTIM  IBES                 MET,    SE %
               ATE®        ESTIMATE             MISSED  
 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. 31 2020  1.79        1.79       2.20      Beat    22.8​
 Sep. 30 2020  1.72        1.72       1.99      Beat    15.8
 Jun.          1.42​       1.44       2.00      Beat    39.2​
 30​ 2020​                                              
 Mar. 31 2020  1.37        1.39       1.99      Beat    43.4​
 Dec. 31 2019  1.87        1.86       1.66      Missed  -10.7
 Sep. 30 2019  2.29        2.30       1.85      Missed  -19.7
 This summary was machine generated October 18 at 21:03 GMT.  All
figures in US dollars unless otherwise stated