Valmont Industries, Inc.

NYSE:VMI   3:59:59 PM EDT
-3.34 (-1.43%)
Positive Earnings Pre-Announcement

Valmont Industries Reports Q2 Earnings Per Share Of $2.89

Published: 07/21/2021 21:34 GMT
Valmont Industries, Inc. (VMI) - Q2 Revenue $894.6 Million .
Valmont Reports Second Quarter 2021 Results and Increases 2021 Full-year Guidance.
Q2 Adjusted Earnings per Share $3.06.
Q2 Earnings per Share Estimate $2.50 -- Refinitiv Ibes Data (analyst estimates).
Sees FY Adjusted Earnings per Share $10.40 to $11.10.
Sees FY GAAP Earnings per Share $9.90 to $10.60.
Q2 Earnings per Share $2.89.
Q2 Revenue Estimate $814.9 Million -- Refinitiv Ibes Data (analyst estimates).
Now Expects Full-year Net Sales to Increase 16% to 19%, and Irrigation Segment Sales to Increase 45% to 50%.
Valmont - in Utility Support Structures Unit, Sees Meaningful Sequential Margin Improvement in H2 As Pricing Aligns More With Steel Cost Inflation.
Revenue is expected to be $850.78 Million
Adjusted EPS is expected to be $2.46

Next Quarter Revenue Guidance is expected to be $876.7 Million
Next Quarter EPS Guidance is expected to be $2.73

More details on our Analysts Page.