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Stock impact report

Will Valmont (VMI) Beat Estimates Again in Its Next Earnings Report? [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
quarterly report, you should consider Valmont Industries (VMI). This company, which is in the Zacks Steel - Pipe and Tube industry, shows potential for another earnings beat. This infrastructure equipment maker has an established record of topping earnings estimates, especially when looking at the previous two reports. The company boasts an average surprise for the past two quarters of 7.79%. For the most recent quarter, Valmont was expected to post earnings of $3.78 per share, but it reported $4.12 per share instead, representing a surprise of 8.99%. For the previous quarter, the consensus estimate was $4.10 per share, while it actually produced $4.37 per share, a surprise of 6.59%. Thanks in part to this history, there has been a favorable change in earnings estimates for Valmont lately. In fact, the Zacks Earnings ESP (Expected Surprise Prediction) for the stock is positive, which is a great indicator of an earnings beat, particularly when combined with its solid Zacks Rank. Show less Read more
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