Valmont Reports First Quarter 2016 Earnings
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Wedbush Raises Price Target and 2016 Estimates on Valmont Industries (VMI) Following 1Q Earnings
April 22, 2016 8:09 AM EDTWedbush reiterated a Neutral rating on Valmont Industries (NYSE: VMI), and raised the price target to $128.00 (from $118.00), following the company's 1Q earnings report. Revenues were reported $22 million below consensus estimates, VMI reported EPS of $1.49 above consensus estimates of $1.25. Given the upside in Q1 and the... More
Valmont Industries (VMI) Tops Q1 EPS by 24c, Reaffirms Guidance
April 20, 2016 5:33 PM EDTValmont Industries (NYSE: VMI) reported Q1 EPS of $1.49, $0.24 better than the analyst estimate of $1.25. Revenue for the quarter came in at $596.6 million versus the consensus estimate of $618.55 million.
Outlook:
"The result of the restructuring activities of last year are manifested in our improved... More
