Valmont: Q4 Earnings Snapshot

Associated Press Finance

02-18

OMAHA, Neb. (AP) — OMAHA, Neb. (AP) — Valmont Industries Inc. (VMI) on Tuesday reported fourth-quarter net income of $77.7 million.

The Omaha, Nebraska-based company said it had profit of $3.84 per share.

The results beat Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of $3.66 per share.

The infrastructure equipment maker posted revenue of $1.04 billion in the period, also beating Street forecasts. Four analysts surveyed by Zacks expected $1.01 billion.

For the year, the company reported profit of $348.3 million, or $17.19 per share. Revenue was reported as $4.08 billion.

Valmont expects full-year earnings to be $17.20 to $18.80 per share, with revenue in the range of $4 billion to $4.2 billion.

_____

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on VMI at https://www.zacks.com/ap/VMI

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(AP) — OMAHA, Neb. (AP) — Valmont Industries Inc. (VMI) on Tuesday reported fourth-quarter net income of $77.7 million.</p>\n<p>The Omaha, Nebraska-based company said it had profit of $3.84 per share.</p>\n<p>The results beat Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of $3.66 per share.</p>\n<p>The infrastructure equipment maker posted revenue of $1.04 billion in the period, also beating Street forecasts. Four analysts surveyed by Zacks expected $1.01 billion.</p>\n<p>For the year, the company reported profit of $348.3 million, or $17.19 per share. Revenue was reported as $4.08 billion.</p>\n<p>Valmont expects full-year earnings to be $17.20 to $18.80 per share, with revenue in the range of $4 billion to $4.2 billion.</p>\n<p>_____</p>\n<p>This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. 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(VMI) on Tuesday reported fourth-quarter net income of $77.7 million.\nThe Omaha, Nebraska-based company said it had profit of $3.84 per share.\nThe results beat Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of $3.66 per share.\nThe infrastructure equipment maker posted revenue of $1.04 billion in the period, also beating Street forecasts. Four analysts surveyed by Zacks expected $1.01 billion.\nFor the year, the company reported profit of $348.3 million, or $17.19 per share. Revenue was reported as $4.08 billion.\nValmont expects full-year earnings to be $17.20 to $18.80 per share, with revenue in the range of $4 billion to $4.2 billion.\n_____\nThis story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. 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