Valmont Industries Inc reports results for the quarter ended in September - Earnings Summary

Valmont Industries

26/10/2023 03:02

* Valmont Industries Inc  VMI.N  reported quarterly adjusted
earnings of $4.12​​ per share for the quarter ended in
September. The mean expectation of seven analysts for the
quarter was for earnings of $3.72 per share.
    * Revenue fell 4.3% to $1.05 billion from a year ago;
analysts
expected $1.12 billion. 
    * Valmont Industries Inc's reported EPS for the quarter was
a loss
of $2.34​.
    * The mean earnings estimate of analysts had fallen by
about 2.8%
in the last three months.​ 
    * In the last 30 days, one analyst negatively revised an
earnings
estimate 
    * Valmont Industries Inc shares had fallen by 4.3% this
quarter and lost 30.4% so far this year.
    * The company reported a quarterly loss of $49.03 million.
    * Wall Street's median 12-month price target for Valmont
Industries Inc is $302.50 
    * 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." 

This summary was machine generated from LSEG Refinitiv data
October 26 at 02:02 a.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2023      3.72           4.12           Beat
 Jun. 30 2023      4.11           4.37           Beat
 Mar. 31 2023      3.33           3.61           Beat
 Dec. 31 2022      3.57           3.57           Met