Company Performance - Valmont Industries reported quarterly earnings of $4.88 per share, exceeding the Zacks Consensus Estimate of $4.72 per share, and showing an increase from $4.76 per share a year ago, representing an earnings surprise of +3.39% [1] - The company posted revenues of $1.05 billion for the quarter ended June 2025, surpassing the Zacks Consensus Estimate by 1.13%, and compared to year-ago revenues of $1.04 billion [2] - Over the last four quarters, Valmont has surpassed consensus EPS estimates four times and topped consensus revenue estimates three times [2] Stock Outlook - Valmont shares have increased by approximately 8.2% since the beginning of the year, outperforming the S&P 500's gain of 7.2% [3] - The current consensus EPS estimate for the coming quarter is $4.50 on revenues of $1.03 billion, and for the current fiscal year, it is $18.12 on revenues of $4.08 billion [7] - The estimate revisions trend for Valmont was favorable ahead of the earnings release, resulting in a Zacks Rank 2 (Buy) for the stock, indicating expected outperformance in the near future [6] Industry Context - The Steel - Pipe and Tube industry, to which Valmont belongs, is currently in the top 40% of over 250 Zacks industries, suggesting a favorable outlook for stocks within this sector [8] - Empirical research indicates a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can be tracked by investors [5]

MRC Global (MRC) Q1 2025 Earnings Call May 07, 2025 10:00 AM ET Company Participants Monica Broughton - Investor RelationsRob Saltiel - President and CEOKelly Youngblood - EVP & CFOChristopher Dankert - SVP - Equity ResearchBlake McLean - Managing Director Conference Call Participants Adam Farley - Associate AnalystCharles Minervino - Equity Research Analyst Operator and welcome to MRC Global's First Quarter twenty twenty five Earnings Conference Call. At this time, participants are in a listen only mode. A ...

Financial Data and Key Metrics Changes - Revenue increased by 7% sequentially to $712 million, with growth in each end market sector led by gas utilities [11][27] - Adjusted gross profit margins were strong at 21.5%, above the target of 21% [12][30] - Adjusted EBITDA was $36 million, or 5.1% of sales, an improvement over the previous quarter [13][31] - Operating cash flow from continuing operations was $21 million, reflecting strong working capital management [13][32] - Net income from continuing operations was $8 million, or $0.09 per diluted share, compared to a net loss in the previous quarter [31] Business Line Data and Key Metrics Changes - Gas utilities revenue was $273 million, an 8% increase driven by normalized buying patterns and increased capital budgets [28] - Diet sector revenue was $220 million, a 6% increase due to chemical project deliveries and mining activity [28] - PTI sector revenue was $219 million, an 8% increase driven by midstream customer projects [28] Market Data and Key Metrics Changes - U.S. revenue was $591 million, a 9% increase, with all end market sectors improving [29] - International revenue was $121 million, down 1% due to timing of project deliveries [29] Company Strategy and Development Direction - The company is optimistic about growth in the gas utilities sector, which is experiencing a resurgence [10][15] - A $125 million share repurchase program has been initiated, reflecting confidence in financial strength [10][11] - The capital allocation strategy focuses on maintaining a healthy balance sheet, targeting a net debt leverage ratio of 1.5 times or lower [11][39] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in achieving strong sequential revenue improvement in the second quarter, supported by a growing backlog [10][25] - The gas utilities sector is expected to be resilient amid macroeconomic uncertainties, with a 26% increase in backlog year-to-date [15][35] - Management acknowledged potential risks in the second half of 2025 due to tariffs and lower oil prices but maintained the annual guidance [26][33] Other Important Information - The company is focused on navigating tariff impacts and supply chain challenges, with over 60% of U.S. product sales sourced domestically [17][18] - The mining sector is expected to grow at a compound annual rate of approximately 10% over the next three to five years [24] Q&A Session Summary Question: How is inflation tracking in the business today? - Management noted that tariff impacts are primarily seen in steel products and emphasized efforts to mitigate costs for customers [46][47] Question: Did inventory step up in the first quarter? - Management confirmed a strategic increase in inventory to prepare for tariffs and the upcoming construction season [51][52] Question: Any updates on opportunities in gas utilities? - Management highlighted growth opportunities in gas utilities, including market share expansion and new services through the MTech Services joint venture [53][55] Question: What is the outlook for the diet sector? - Management indicated that the backlog increase is primarily in refining and chemical spaces, with growth driven by turnaround activities [71][72] Question: How is the international PTI business performing? - Management projected growth in the international PTI space, particularly in the North Sea and Europe, driven by project-related revenues [91][92]

Core Viewpoint - Mueller Water Products (MWA) is anticipated to report a year-over-year increase in earnings despite a decline in revenues for the quarter ending March 2025, with the actual results being crucial for its near-term stock price movement [1][2]. Earnings Expectations - The upcoming earnings report is expected to be released on May 5, with a consensus estimate of quarterly earnings at $0.32 per share, reflecting a year-over-year increase of 6.7%. Revenues are projected to be $348.05 million, down 1.5% from the previous year [3][4]. Estimate Revisions - Over the last 30 days, the consensus EPS estimate has been revised down by 1.39%, indicating a reassessment by analysts regarding the company's earnings prospects [4][10]. Earnings Surprise Prediction - The Zacks Earnings ESP model indicates a negative Earnings ESP of -2.11% for Mueller Water Products, suggesting that analysts have recently become more bearish on the company's earnings outlook [10][11]. Historical Performance - In the last reported quarter, Mueller Water Products exceeded the expected earnings of $0.19 per share by delivering $0.25, resulting in a surprise of 31.58%. Over the past four quarters, the company has beaten consensus EPS estimates three times [12][13]. Investment Considerations - Despite the potential for an earnings beat, the combination of a negative Earnings ESP and a Zacks Rank of 3 makes it challenging to predict a positive outcome for the upcoming earnings report [11][16].

Core Insights - Valmont Industries reported quarterly earnings of $4.32 per share, exceeding the Zacks Consensus Estimate of $4.24 per share, with an earnings surprise of 1.89% [1] - The company posted revenues of $969.31 million for the quarter, missing the Zacks Consensus Estimate by 0.64%, compared to $977.83 million in the same quarter last year [2] - Valmont has surpassed consensus EPS estimates in all four of the last quarters, while it has topped revenue estimates twice during the same period [2] Earnings Outlook - The current consensus EPS estimate for the upcoming quarter is $4.72 on revenues of $1.04 billion, and for the current fiscal year, it is $18.01 on revenues of $4.09 billion [7] - The estimate revisions trend for Valmont is mixed, resulting in a Zacks Rank 3 (Hold), indicating expected performance in line with the market [6] Industry Context - The Steel - Pipe and Tube industry, to which Valmont belongs, is currently ranked in the bottom 24% of over 250 Zacks industries, suggesting potential challenges ahead [8] - Empirical research indicates a strong correlation between near-term stock movements and trends in earnings estimate revisions, which could impact Valmont's stock performance [5]