Overview

* Valmont Q2 adjusted net sales beat analyst expectations, driven by Utility and Telecom

* Adjusted EPS for Q2 beats estimates

* Company raises full-year 2025 adjusted EPS outlook to $17.50-$19.50

Outlook

* Valmont raises FY adjusted EPS outlook to $17.50-$19.50 from prior guidance of $17.20 to $18.80

* Company maintains full-year 2025 net sales outlook at $4.0-$4.2 bln

* Valmont expects infrastructure sales of $3.02-$3.16 bln in 2025

* Company plans 2025 capital expenditures of $140-$160 mln

Result Drivers

* UTILITY AND TELECOM - Strong sales growth in Utility and Telecommunications sectors offset declines in Solar and North America Agriculture

* REALIGNMENT CHARGES - One-time charges from organizational realignment impacted GAAP results

* INTERNATIONAL EXPANSION - Significant growth in international Agriculture sales, particularly in EMEA and Brazil

Key Details

Metric Beat/Mis Actual Consensu

s s

Estimate

Q2 Net $1.05

Sales bln

Q2 Beat $1.05 $1.02

Adjusted bln bln (5

Net Analysts

Sales )

Q2 Beat $4.88 $4.71 (5

Adjusted Analysts

EPS )

Q2 EPS -$1.53

Q2 Beat $97.20 $94.80

Adjusted mln mln (5

Net Analysts

Earnings )

Q2 Net -$30.26

Earnings mln

Analyst Coverage

* The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy", 2 "hold" and no "sell" or "strong sell"

* The average consensus recommendation for the construction & engineering peer group is "buy"

* Wall Street's median 12-month price target for Valmont Industries Inc ( VMI ) is $365.00, about 9.1% above its July 21 closing price of $331.90

* The stock recently traded at 17 times the next 12-month earnings vs. a P/E of 15 three months ago

Press Release:

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)