Valmont's (VMI) Q1 Earnings Beat Estimates, Revenues Miss
VMIValmont(VMI) Zacks Investment Research·2024-05-06 23:01

Valmont Industries, Inc. (VMI) generated adjusted earnings per share (EPS) of 4.32infirstquarter2024,upfrom4.32 in first-quarter 2024, up from 3.47 in the year-ago quarter. The bottom line beat the Zacks Consensus Estimate of 3.24.Thecompanysrevenueswere3.24. The company’s revenues were 977.8 million in the quarter, down 8% year over year. The top line missed the Zacks Consensus Estimate of $981.6 million. The company managed to increase its profit margins year over year on lower sales through successful commercial strategies, enhanced operational efficiencie ...