Valmont Industries, Inc.

NYSE:VMI   2:26:05 PM EDT
-2.85 (-1.22%)
Positive Earnings Pre-Announcement

Valmont Reports Q2 2021 Results And Increases 2021 Full-Year Guidance

Published: 07/21/2021 20:26 GMT
Valmont Industries, Inc. (VMI) - 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 $90.9 Million.
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 Industries - Expect Meaningful Sequential Margin Improvement in Second Half of 2021 As Pricing Becomes More Aligned 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.