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