Valmont Industries Inc expected to post earnings of $3.05 a share - Earnings Preview

Valmont Industries

20/02/2024 03:13

* Valmont Industries Inc  VMI.N   VMI  is expected to show a
fall
in quarterly revenue when it reports  results on February 21 for
the period ending December 31 2023
    * The Omaha Nebraska-based  company is expected to report a
8.4% decrease in revenue to $1.036 billion from $1.13 billion a
year ago, according to the mean estimate from 7 analysts, based
on LSEG data. (Sales/Revenue Majority basis is on Total Revenue)
    * ​LSEG's mean analyst estimate for Valmont Industries Inc
is for
earnings of $3.05 per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 5 "strong buy" or "buy," 2
"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 $275.00​, above​ its last closing price
of $227.66. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Sep. 30 2023  3.70        3.72       4.12      Beat    10.6
 Jun. 30 2023  4.05        4.11       4.37      Beat    6.4
 Mar. 31 2023  3.33        3.33       3.61      Beat    8.3​
 Dec. 31 2022  3.57        3.57       3.57      Met     0
 ​​Sep.        3.43        3.41       3.49      Beat    2.5
 30 2022                                                
 Jun. 30 2022  3.33        3.34       3.70      Beat    10.7​
 Mar. 31 2022  2.40        2.44       3.07      Beat    26
 Dec. 31 2021  2.65        2.65       2.73      Beat    2.9
 This summary was machine generated February 20 at 03:13 GMT. 
All figures in US dollars unless otherwise stated. (For
questions concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)