Valmont Industries: Q3 Earnings Insights - Valmont Industries (NYSE:VMI)

[ad_1]

Valmont Industries VMI reported its Q3 earnings results on Wednesday, October 26, 2022 at 04:00 PM.

Here’s what investors need to know about the announcement.

Earnings

Valmont Industries beat estimated earnings by 2.35%, reporting an EPS of $3.49 versus an estimate of $3.41.

Revenue was up $228.22 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.4 which was followed by a 6.12% increase in the share price the next day.

Here’s a look at Valmont Industries’s past performance:

 








Quarter Q2 2022 Q1 2022 Q4 2021 Q3 2021
EPS Estimate 3.3 2.44 2.65 2.47
EPS Actual 3.7 3.07 2.73 2.57
Revenue Estimate 998.79M 888.13M 866.58M 862.28M
Revenue Actual 1.14B 980.82M 963.28M 868.78M

To track all earnings releases for Valmont Industries visit their earnings calendar here.

This article was generated by Benzinga’s automated content engine and reviewed by an editor.

[ad_2]

Image and article originally from www.benzinga.com. Read the original article here.