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Earnings Preview For Valmont Industries

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Earnings Preview For Valmont Industries

Valmont Industries (NYSE:VMI) is set to give its latest quarterly earnings report on Wednesday, 2021-10-20. Here's what investors need to know before the announcement.

Analysts estimate that Valmont Industries will likely report an Earnings Per Share (EPS) of $2.47

Valmont Industries bulls will hope to hear the company to announce they've not only beaten that estimate, but also to provide positive guidance, or forecasted growth, for the next quarter.

New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).

Historical Earnings Performance

Last quarter the company beat on EPS by $22.4, which was followed by a 0.21 drop in the share price the next day.

Here's a look at Valmont Industries's past performance and the resulting price change:

 

Quarter Q2 2021 Q1 2021 Q4 2020 Q3 2020
EPS Estimate 2.50 2.12 1.79 1.72
EPS Actual 3.06 2.57 2.20 1.99
Revenue Estimate 814.85M 756.27M 724.76M 689.54M
Revenue Actual 894.63M 774.89M 798.38M 733.97M

eps graph

Stock Performance

Shares of Valmont Industries were trading at $243.18 as of October 15. Over the last 52-week period, shares are up 76.56%. Given that these returns are generally positive, long-term shareholders should be satisfied going into this earnings release.

To track all upcoming earnings announcements, click here to use Benzinga Earnings Calendar.

 

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Posted-In: BZI-EPEarnings