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Here's Why Valmont Industries (VMI) is a Strong Growth Stock
ZACKS· 2024-09-17 14:51
Taking full advantage of the stock market and investing with confidence are common goals for new and old investors, and Zacks Premium offers many different ways to do both.The research service features daily updates of the Zacks Rank and Zacks Industry Rank, full access to the Zacks #1 Rank List, Equity Research reports, and Premium stock screens, all of which will help you become a smarter, more confident investor.Zacks Premium includes access to the Zacks Style Scores as well.What are the Zacks Style Scor ...
Why Valmont Industries (VMI) is a Top Growth Stock for the Long-Term
ZACKS· 2024-08-30 14:46
For new and old investors, taking full advantage of the stock market and investing with confidence are common goals. Zacks Premium provides lots of different ways to do both.The popular research service can help you become a smarter, more self-assured investor, giving you access to daily updates of the Zacks Rank and Zacks Industry Rank, the Zacks #1 Rank List, Equity Research reports, and Premium stock screens.Zacks Premium also includes the Zacks Style Scores.What are the Zacks Style Scores?The Zacks Styl ...
Why Valmont Industries (VMI) is a Top Momentum Stock for the Long-Term
ZACKS· 2024-08-21 14:50
Taking full advantage of the stock market and investing with confidence are common goals for new and old investors, and Zacks Premium offers many different ways to do both.Featuring daily updates of the Zacks Rank and Zacks Industry Rank, full access to the Zacks #1 Rank List, Equity Research reports, and Premium stock screens, the research service can help you become a smarter, more self-assured investor.Zacks Premium also includes the Zacks Style Scores.What are the Zacks Style Scores?The Zacks Style Scor ...
Valmont (VMI) Reports Q2 Earnings: What Key Metrics Have to Say
ZACKS· 2024-08-01 21:01
Valmont Industries (VMI) reported $1.04 billion in revenue for the quarter ended June 2024, representing a year-over-year decline of 0.6%. EPS of $4.76 for the same period compares to $4.37 a year ago.The reported revenue represents a surprise of -1.45% over the Zacks Consensus Estimate of $1.06 billion. With the consensus EPS estimate being $4.04, the EPS surprise was +17.82%.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determi ...
3 Reasons Growth Investors Will Love Valmont (VMI)
ZACKS· 2024-07-29 17:45
Investors seek growth stocks to capitalize on above-average growth in financials that help these securities grab the market's attention and produce exceptional returns. However, it isn't easy to find a great growth stock. That's because, these stocks usually carry above-average risk and volatility. In fact, betting on a stock for which the growth story is actually over or nearing its end could lead to significant loss. However, the Zacks Growth Style Score (part of the Zacks Style Scores system), which look ...
Valmont Industries, Inc. (VMI) Hit a 52 Week High, Can the Run Continue?
ZACKS· 2024-07-29 14:16
Have you been paying attention to shares of Valmont Industries (VMI) ? Shares have been on the move with the stock up 10.3% over the past month. The stock hit a new 52-week high of $307.67 in the previous session. Valmont Industries has gained 29.6% since the start of the year compared to the 8.7% move for the Zacks Industrial Products sector and the 2.2% return for the Zacks Steel - Pipe and Tube industry.What's Driving the Outperformance?The stock has a great record of positive earnings surprises, as it h ...
Valmont(VMI) - 2024 Q2 - Earnings Call Transcript
2024-07-25 18:44
Valmont Industries, Inc. (NYSE:VMI) Q2 2024 Earnings Conference Call July 25, 2024 9:00 AM ET Company Participants Renee Campbell - SVP, IR and Treasurer Avner Applbaum - President and CEO Tim Francis - Interim CFO Conference Call Participants Chris Moore - CJS Securities Nathan Jones - Stifel Brent Thielman - D.A. Davidson Tom Hayes - C.L. King Tyler Glover - William Blair Jon Braatz - Oppenheimer Operator Greetings, and welcome to the Valmont Industries Second Quarter 2024 Earnings Conference Call. [Opera ...
Valmont's (VMI) Q2 Earnings Beat Estimates, Revenues Lag
ZACKS· 2024-07-25 11:35
Valmont Industries, Inc. (VMI) reported a second-quarter 2024 profit of roughly $99.7 million or $4.91 per share, up from $89.4 million or $4.21 per share in the year-ago quarter.Barring one-time items, adjusted earnings per share were $4.76, beating the Zacks Consensus Estimate of $4.04.The upside in earnings can be attributed to pricing actions, cost management and operational efficiencies.The company’s revenues were $1,039.7 million in the quarter, down 0.6% year over year. The top line lagged the Zacks ...
Valmont Industries (VMI) Q2 Earnings Surpass Estimates
ZACKS· 2024-07-24 22:30
Valmont Industries (VMI) came out with quarterly earnings of $4.76 per share, beating the Zacks Consensus Estimate of $4.04 per share. This compares to earnings of $4.37 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 17.82%. A quarter ago, it was expected that this infrastructure equipment maker would post earnings of $3.24 per share when it actually produced earnings of $4.32, delivering a surprise of 33.33%.Over the last fo ...
Valmont(VMI) - 2024 Q2 - Quarterly Results
2024-07-24 21:43
Exhibit 99.1 FOR IMMEDIATE RELEASE Contact: Renee Campbell Email: renee.campbell@valmont.com Date: July 24, 2024 Valmont Reports Second Quarter 2024 Results and Raises Full-Year 2024 Diluted Earnings per Share Guidance OMAHA, Neb.-- Valmont® Industries, Inc. (NYSE: VMI), a global leader that provides vital infrastructure and advances agricultural productivity while driving innovation through technology, today reported financial results for the second quarter ended June 29, 2024. President and Chief Executiv ...