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Stock impact report

Valmont's (VMI) Q4 Earnings Beat Estimates, Revenues Miss [Yahoo! Finance]

Valmont Industries, Inc. (VMI) 
Last valmont industries, inc. earnings: 4/22 05:33 pm Check Earnings Report
US:NYSE Investor Relations: valmont.com/financial-information
Company Research Source: Yahoo! Finance
The bottom line beat the Zacks Consensus Estimate of $3.08. The company expanded gross profit margins in the reported quarter, thanks to its pricing strategies and operational efficiencies, notwithstanding lower volumes. The company's revenues were $1,015.5 million in the quarter, down 10.3% year over year.. The top line missed the Zacks Consensus Estimate of $1,037.6 million. Valmont Industries, Inc. Price, Consensus and EPS Surprise Valmont Industries, Inc. price-consensus-eps-surprise-chart | Valmont Industries, Inc. Quote Segment Review The Infrastructure segment's fourth-quarter revenues decreased 3% year over year to $748.3 million. The figure topped our estimate of $714.2 million. Higher volumes in the Transmission, Distribution and Substation and Solar product lines and favorable pricing were more than offset by lower Telecommunications and Coatings volumes. Revenues from the Agriculture segment totaled $271.6 million, which decreased 18.9% year over year. The fi Show less Read more
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