Valmont Announces Second Quarter 2015 Results

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Go back to Valmont Announces Second Quarter 2015 Results

Valmont Industries (VMI) Misses Q2 EPS by 9c, Revenue Falls Short

July 22, 2015 5:31 PM EDT

Valmont Industries (NYSE: VMI) reported Q2 EPS of $1.61, $0.09 worse than the analyst estimate of $1.70. Revenue for the quarter came in at $682.1 million versus the consensus estimate of $734.78 million.

Outlook:

"We do not expect the challenges we face in the external environment to abate in the near future," said Mogens C. Bay, Valmont's Chairman and Chief Executive Officer.

"Reduced global... More