Valmont Industries Full Year 2023 Earnings: EPS Misses Expectations
Valmont Industries (NYSE:VMI) Full Year 2023 Results
Key Financial Results
Revenue: US$4.17b (down 3.9% from FY 2022).
Net income: US$143.5m (down 43% from FY 2022).
Profit margin: 3.4% (down from 5.8% in FY 2022).
EPS: US$6.85 (down from US$11.77 in FY 2022).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Valmont Industries EPS Misses Expectations
Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 7.4%.
Looking ahead, revenue is forecast to grow 3.9% p.a. on average during the next 3 years, compared to a 7.5% growth forecast for the Construction industry in the US.
Performance of the American Construction industry.
The company's shares are down 5.1% from a week ago.
Risk Analysis
What about risks? Every company has them, and we've spotted 3 warning signs for Valmont Industries you should know about.
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