Valmont: Fourth Quarter Earnings Overview

Valmont Industries Announces Fourth-Quarter Financial Results

Valmont Industries Inc., headquartered in Omaha, Nebraska, reported a net income of $168 million for the fourth quarter.

The company’s earnings translated to $9.05 per share, while adjusted earnings, excluding pretax gains, were $4.92 per share.

These figures fell slightly below analyst projections, as a consensus of six analysts polled by Zacks Investment Research had anticipated earnings of $4.95 per share.

During the same period, Valmont generated $1.04 billion in revenue, which was also just under the $1.05 billion forecasted by four Zacks analysts.

For the full year, Valmont reported a total profit of $350.3 million, or $16.79 per share, with annual revenue reaching $4.1 billion.

Looking ahead, the company expects its earnings for the coming year to range between $20.50 and $23.50 per share, with projected revenue between $4.2 billion and $4.4 billion.

This report was produced by Automated Insights using data provided by Zacks Investment Research.