Valmont Industries (VMI) Tops Q1 EPS by 24c, Reaffirms Guidance

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Go back to Valmont Industries (VMI) Tops Q1 EPS by 24c, Reaffirms Guidance

Wedbush Raises Price Target and 2016 Estimates on Valmont Industries (VMI) Following 1Q Earnings

April 22, 2016 8:09 AM EDT

Wedbush reiterated a Neutral rating on Valmont Industries (NYSE: VMI), and raised the price target to $128.00 (from $118.00), following the company's 1Q earnings report. Revenues were reported $22 million below consensus estimates, VMI reported EPS of $1.49 above consensus estimates of $1.25. Given the upside in Q1 and the... More