Valmont Reports Fourth Quarter and Full Year 2019 Results
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 9/2/2026
- Wall Street ends lower as higher yields, rising oil prices mark shaky start to September
- Oil prices jump 4% as fresh US-Iran fighting stokes supply fears
- Two Saudi tankers struck in Strait of Hormuz Monday
- Dell again lifts annual forecasts as AI demand powers record results
- Fed’s Barr backs rate hike if inflation fails to cool, September odds hit 66%
- GoPro to merge with Starman Optical in $285M recapitalization deal
- GoPro (GPRO) Halted, News Pending
- Wall Street ends lower as higher yields, rising oil prices mark shaky start to September
- Gap taps Coach architect Reed Krakoff for $29.95-$498 handbag line
- Comstock Resources signs $1.65B deal with SOCAR, $450M JV
Valmont Industries (VMI) Misses Q4 EPS by 20c, Revenues Miss; Offers FY20 EPS Guidance Below Consensus
February 19, 2020 5:41 PM ESTValmont Industries (NYSE: VMI) reported Q4 EPS of $1.66, $0.20 worse than the analyst estimate of $1.86. Revenue for the quarter came in at $683.6 million versus the consensus estimate of $706.37 million.
Fourth Quarter 2019 Highlights (all metrics compared to fourth quarter 2018 unless otherwise noted)
Net Sales of $683.6 million, a decline of 2.0%; lower sales in international markets, particularly in Access Systems and international irrigation, were mostly offset by improvement across North American markets, led by Utility Support StructuresOperating income of $55.0 million or 8.1% of sales, compared to $36.3 million or 5.2% of sales ($66.1 million adjusted1 or 9.5% of... More