NYSE:VMI - New York Stock Exchange, Inc. - US9202531011 - Common Stock - Currency: USD
Home automation and security solutions provider Resideo Technologies (NYSE:REZI) will be announcing earnings results tomorrow afternoon. Here’s what you need to know.
Shares of infrastructure and agriculture equipment manufacturer Valmont Industries (NYSE:VMI) jumped 13.8% in the afternoon session after the company reported strong fourth-quarter 2024 results, with revenue, EBITDA, and EPS all beating analysts' expectations. Sales grew 2.1% y/y, driven by strength in the Infrastructure segment, where pricing improvements and higher volumes in utility and telecommunications offsetting declines in solar sales. Profit margins expanded significantly, and this was
Shares of infrastructure and agriculture equipment manufacturer Valmont Industries (NYSE:VMI) jumped 13.8% in the afternoon session after the company reported strong fourth-quarter 2024 results, with revenue, EBITDA, and EPS all beating analysts' expectations. Sales grew 2.1% y/y, driven by strength in the Infrastructure segment, where pricing improvements and higher volumes in utility and telecommunications offsetting declines in solar sales. Profit margins expanded significantly, and this was a key factor in the EPS improvement and outperformance. However, full-year revenue guidance slightly missed expectations due to anticipated weakness in the Agriculture segment, while EPS guidance was in line. Overall, the results weren't perfect but were solid.
InvestorPlace - Stock Market News, Stock Advice & Trading Tips Valmont Industries (NYSE:VMI) just reported results for the second quarter of 2...
Infrastructure and agriculture equipment manufacturer Valmont Industries (NYSE:VMI) announced better-than-expected revenue in Q4 CY2024, with sales up 2.1% year on year to $1.04 billion. On the other hand, the company’s full-year revenue guidance of $4.1 billion at the midpoint came in 1.3% below analysts’ estimates. Its GAAP profit of $3.84 per share was 5.9% above analysts’ consensus estimates.
Infrastructure and agriculture equipment manufacturer Valmont Industries (NYSE:VMI) will be reporting results tomorrow before the bell. Here’s what investors should know.
Companies like Xylem and Valmont are poised for growth as demand for water technology solutions increases globally.
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Earnings results often indicate what direction a company will take in the months ahead. With Q2 behind us, let’s have a look at Valmont (NYSE:VMI) and its peers.