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Update: Valmont Industries Shares Rise After Fiscal Q4 Beat
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Update: Valmont Industries Shares Rise After Fiscal Q4 Beat
Feb 18, 2025 8:55 AM

11:26 AM EST, 02/18/2025 (MT Newswires) -- (Updates with the latest stock price movement in the headline and first paragraph.)

Valmont Industries' ( VMI ) shares were up more than 12% in recent Tuesday trading after the company reported higher fiscal Q4 results that surpassed analysts' expectations.

The company reported fiscal Q4 adjusted earnings of $3.84 per diluted share, up from $3.18 a year earlier.

Analysts polled by FactSet expected $3.63.

Net sales for the quarter ended Dec. 31 were $1.04 billion, up from $1.02 billion a year earlier.

Analysts surveyed by FactSet estimated $1.01 billion.

Valmont said it expects fiscal 2025 EPS in the range of $17.20 to $18.80. Analysts surveyed by FactSet expect $18.06.

Net sales for the current fiscal year is projected to be in the range of $4 billion to $4.20 billion, the company said. Analysts polled by FactSet expect $4.15 billion.

Price: 360.76, Change: +39.97, Percent Change: +12.46

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