Valmont Reports Fourth Quarter and Fiscal Year 2016 Results

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Valmont Industries (VMI) PT Raised to $160 at Stifel Following 4Q

February 23, 2017 9:07 AM EST

Stifel raised its price target on Valmont Industries (NYSE: VMI) to $160.00 (from $153.00) while maintaining a Hold rating.

Analyst Nathan Jones commented, "Valmont reported 4Q16 revenue of $674.6 million (Stifel $637.5 million, Street $630.7 million) and adjusted EPS of $1.61 (Stifel $1.49, Street $1.45). Adjusted EPS excludes the... More

Valmont Industries (VMI) Tops Q4 EPS by 16c, Revenue Beats

February 21, 2017 5:33 PM EST

Valmont Industries (NYSE: VMI) reported Q4 EPS of $1.61, $0.16 better than the analyst estimate of $1.45. Revenue for the quarter came in at $674.6 million versus the consensus estimate of $630.67 million.

GUIDANCE:

Valmont Industries sees FY2017 EPS of $6.42, versus the consensus of $6.90.

For... More