|Bid||0.00 x 900|
|Ask||0.00 x 900|
|Day's Range||142.34 - 149.26|
|52 Week Range||82.60 - 154.86|
|Beta (5Y Monthly)||1.24|
|PE Ratio (TTM)||21.93|
|Earnings Date||Oct 21, 2020|
|Forward Dividend & Yield||1.80 (1.29%)|
|Ex-Dividend Date||Sep 24, 2020|
|1y Target Est||143.50|
Valmont's (VMI) Q3 sales in the Utility Support Structures rise year over year due to higher sales in the international businesses.
Valmont (VMI) delivered earnings and revenue surprises of 16.37% and 6.27%, respectively, for the quarter ended September 2020. Do the numbers hold clues to what lies ahead for the stock?
Shares of Valmont Industries (NYSE:VMI) moved higher by 4.25% in after-market trading after the company reported Q3 results.Quarterly Results Earnings per share decreased 4.78% year over year to $1.99, which beat the estimate of $1.72.Revenue of $733,970,000 rose by 6.32% year over year, which beat the estimate of $689,540,000.Looking Ahead Valmont Industries hasn't issued any earnings guidance for the time being.View more earnings on VMIRevenue guidance hasn't been issued by the company for now.Technicals 52-week high: $154.86Company's 52-week low was at $82.60Price action over last quarter: Up 10.94%Company Profile Valmont Industries Inc is a diversified global producer of fabricated metal products, steel, pole structures, towers, irrigation systems, and other components. Manufactured and engineered structures serve the global lighting and traffic, wireless communication, electrical distribution, and roadway safety industries. Other solutions help people and components move safely and effectively in an industrial, infrastructure, or commercial facility. Valmont has four operating segments: engineered support structures, utility support structures, coatings, irrigation and Other. Customers are primarily state and federal governments, contractors, utility and telecommunications, farmers, and other stakeholders in the manufacturing sector. The majority of sales derive from the United States.See more from Benzinga * Options Trades For This Crazy Market: Get Benzinga Options to Follow High-Conviction Trade Ideas * Earnings Scheduled For October 21, 2020 * Earnings Preview: Valmont Industries(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.