Valmont Industries (VMI) Misses Q4 EPS by 4c, Offers Outlook

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Go back to Valmont Industries (VMI) Misses Q4 EPS by 4c, Offers Outlook

Wedbush Expects Increase in EPS for Valmont Industries' (VMI) FY16; Reiterates Neutral

February 19, 2016 9:58 AM EST

Wedbush reiterated a Neutral rating on Valmont Industries (NYSE: VMI), and cut the price target to $118.00 (from $121.00), following the company's 4Q earnings report. Valmont reported net sales of $633.8 million, below the consensus estimates of $671.1 million. Adjusted EPS of $1.35 was also below the consensus estimates of... More