Overview
Infrastructure and agriculture firm's Q4 net sales grew 0.1% yr/yr
Adjusted EPS for Q4 missed analyst expectations
Company returned $85.6 mln to shareholders via repurchases and dividends
Outlook
Valmont expects 2026 net sales between $4.2 bln and $4.4 bln
Company projects 2026 EPS of $20.50 to $23.50
Valmont anticipates infrastructure sales growth of 5% to 9% in 2026
Result Drivers
INFRASTRUCTURE DEMAND - Strong demand in the utility sector drove a 21% increase in sales, supported by higher pricing and volumes
AGRICULTURE DECLINE - Sales in the agriculture segment fell 19.9% due to market softness in North America and Brazil, and lower project sales in the Middle East
LEGAL EXPENSES - Elevated legal and credit loss expenses in Brazil agriculture business impacted adjusted operating income
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
Q4 Net Sales | $1.04 bln | ||
Q4 Adjusted Net Sales | Meet | $1.04 bln | $1.04 bln (6 Analysts) |
Q4 Adjusted EPS | Miss | $4.92 | $4.97 (6 Analysts) |
Q4 EPS | $9.05 | ||
Q4 Adjusted Net Earnings | Miss | $97.11 mln | $98.54 mln (6 Analysts) |
Q4 Net Earnings | $178.76 mln |
Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 5 "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 is $452.72, about 4.8% below its February 13 closing price of $475.33
The stock recently traded at 22 times the next 12-month earnings vs. a P/E of 20 three months ago
Press Release: ID:nBw4qg0yWa
For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.
(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.)