Valmont Reports Second Quarter 2016 Earnings

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Valmont Industries (VMI) Tops Q2 EPS by 12c; Reaffirms Outlook

July 20, 2016 5:36 PM EDT

Valmont Industries (NYSE: VMI) reported Q2 EPS of $1.85, $0.12 better than the analyst estimate of $1.73. Revenue for the quarter came in at $640.2 million versus the consensus estimate of $648.54 million.

"Net earnings improved meaningfully on lower revenues reflecting the positive impact of last year's restructuring and... More