Valmont(US:VMI) ZACKSยท2025-07-23 15:40Core Insights - Valmont Industries, Inc. (VMI) reported a second-quarter 2025 profit of $97.2 million or $4.88 per share, slightly down from $99.7 million or $4.91 in the same quarter last year, but exceeding the Zacks Consensus Estimate of $4.72 [1] - The company's revenues reached $1,050.5 million, marking a 1% year-over-year increase and surpassing the Zacks Consensus Estimate of $1,038.8 million [1] Segment Review - Infrastructure segment revenues totaled $763.1 million, showing a marginal increase year-over-year but falling short of the estimate of $767.1 million; utility sales increased due to higher volumes and favorable pricing, while telecommunications sales rose due to strategic positioning in carrier capex spending plans; however, solar sales declined significantly due to lower volumes [2] - Agriculture segment revenues amounted to $287.5 million, up 2.9% year-over-year, exceeding the estimate of $269.8 million; international sales, particularly in the EMEA region and Brazil, showed strong growth, while North American irrigation equipment sales fell due to fewer storm-related replacements and a weak agriculture market [3] Financials - Operating cash flows for the 26 weeks ended June 28, 2025, totaled $232.7 million; cash and cash equivalents at the end of the second quarter were $208.5 million; the company returned $113.6 million to shareholders through share repurchases and dividends during the second quarter and invested $32 million in capital expenditures for growth initiatives [4] 2025 Outlook - Valmont expects net sales to be between $4 billion and $4.2 billion; adjusted earnings per share are now projected to be between $17.50 and $19.50, an increase from the previous guidance of $17.20 to $18.80; capital expenditures are anticipated in the range of $140-$160 million, with an effective tax rate expected around 26% [5] Stock Performance - VMI's shares have increased by 31.6% over the past year, outperforming the industry's rise of 25.7% [6]