Valmont Industries (VMI) got here out with quarterly earnings of $1.66 per share, lacking the Zacks Consensus Estimate of $1.86 per share. This compares to earnings of $1.87 per share a yr in the past. These figures are adjusted for non-recurring objects.
This quarterly report represents an earnings shock of -10.75%. 1 / 4 in the past, it was anticipated that this infrastructure gear maker would publish earnings of $2.28 per share when it really produced earnings of $2.09, delivering a shock of -8.33%.
Over the past 4 quarters, the corporate has surpassed consensus EPS estimates simply as soon as.
Valmont, which belongs to the Zacks Metal – Pipe and Tube trade, posted revenues of $683.63 million for the quarter ended December 2019, lacking the Zacks Consensus Estimate by 3.14%. This compares to year-ago revenues of $697.36 million. The corporate has topped consensus income estimates simply as soon as over the past 4 quarters.
The sustainability…