A Glimpse of Valmont Industries's Earnings Potential

Valmont Industries (NYSE:VMI) is set to give its latest quarterly earnings report on Tuesday, 2024-10-22. Here's what investors need to know before the announcement.

Analysts estimate that Valmont Industries will report an earnings per share (EPS) of $4.00.

Anticipation surrounds Valmont Industries's announcement, with investors hoping to hear about both surpassing estimates and receiving positive guidance for the next quarter.

New investors should understand that while earnings performance is important, market reactions are often driven by guidance.

Overview of Past Earnings

Last quarter the company beat EPS by $0.68, which was followed by a 10.61% increase in the share price the next day.

Here's a look at Valmont Industries's past performance and the resulting price change:

Quarter

Q2 2024

Q1 2024

Q4 2023

Q3 2023

EPS Estimate

4.08

3.25

3.04

3.72

EPS Actual

4.76

4.32

3.18

4.12

Price Change %

11.0%

18.0%

-3.0%

-14.000000000000002%

Performance of Valmont Industries Shares

Shares of Valmont Industries were trading at $305.22 as of October 18. Over the last 52-week period, shares are up 31.41%. Given that these returns are generally positive, long-term shareholders should be satisfied going into this earnings release.

Analyst Views on Valmont Industries

For investors, grasping market sentiments and expectations in the industry is vital. This analysis explores the latest insights regarding Valmont Industries.

Analysts have provided Valmont Industries with 1 ratings, resulting in a consensus rating of Buy. The average one-year price ...