VMI Stock Recent News
VMI LATEST HEADLINES
Valmont (VMI) reported earnings 30 days ago. What's next for the stock?
Valmont Industries (VMI) came out with quarterly earnings of $4.37 per share, beating the Zacks Consensus Estimate of $4.10 per share. This compares to earnings of $3.70 per share a year ago.
The headline numbers for Valmont (VMI) give insight into how the company performed in the quarter ended June 2023, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Valmont (VMI) opens a sustainable concrete utility pole manufacturing facility in Bristol, IN, that reduces CO2 emissions and offsets electricity usage with a solar array.
Valmont (VMI) showcases growth potential through strategic investments and expansion into key markets, positioning it as an attractive investment option.
Valmont Industries has started 2023 on a solid note and is set to replicate the 2022 results and add some more. I am impressed with this performance, which in combination with a stagnant share price means that its appeal has improved a great deal. If shares retest the June lows, I am willing to initiate a position here.
The acquisition of HR Products is set to benefit Valmont (VMI) by expanding its offerings and addressable market in the agricultural sector.
Valmont (VMI) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock suggests that there could be more strength down the road.
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OMAHA, Neb.--(BUSINESS WIRE)--ValmontĀ® Industries, Inc. (NYSE: VMI), a global leader that provides vital infrastructure and advances agricultural productivity while driving innovation through technology, today announced that management will participate in two investor conferences in June. Stephen G. Kaniewski, President and Chief Executive Officer and Avner M. Applbaum, Executive Vice President and Chief Financial Officer will present at the William Blair & Company 43rd Annual Growth Stock.