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Valmont Industries Inc (VMI.N)

VMI.N on New York Stock Exchange

136.70USD
4:02pm EDT
Change (% chg)

$-3.20 (-2.29%)
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$139.90
Open
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$135.50
Volume
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$176.25
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Latest Key Developments (Source: Significant Developments)

Valmont Reports Q4 GAAP Loss Per Share $0.16
Wednesday, 21 Feb 2018 06:25pm EST 

Feb 21 (Reuters) - Valmont Industries Inc ::VALMONT REPORTS FOURTH QUARTER AND FISCAL YEAR 2017 RESULTS.SEES FY 2018 ADJUSTED EARNINGS PER SHARE ABOUT $8.00.SEES FY 2018 GAAP EARNINGS PER SHARE ABOUT $7.70.Q4 GAAP LOSS PER SHARE $0.16.Q4 REVENUE $715 MILLION.QTRLY ADJUSTED EARNINGS PER SHARE ‍$ 1.67​.Q4 EARNINGS PER SHARE VIEW $1.69, REVENUE VIEW $724.0 MILLION -- THOMSON REUTERS I/B/E/S.VALMONT INDUSTRIES SAYS IS PLANNING TO RESTRUCTURE CERTAIN OPERATIONS IN 2018, PRIMARILY IN ENGINEERED SUPPORT STRUCTURES SEGMENT.‍ Q4 EARNINGS INCLUDE A $42 MILLION, OR $1.84 PER DILUTED SHARE, EXPENSE FOR ESTIMATED IMPACT OF RECENTLY ENACTED TCJA​.FY2018 EARNINGS PER SHARE VIEW $8.15 -- THOMSON REUTERS I/B/E/S.‍Q4 EARNINGS INCLUDE $1.841 PER DILUTED SHARE, EXPENSE FOR ESTIMATED IMPACT OF RECENTLY ENACTED TCJA​.VALMONT INDUSTRIES SAYS DUE TO 2018 RESTRUCTURING OF CERTAIN OPERATIONS, CO EXPECTS PRE-TAX CHARGE OF $10 MILLION.  Full Article

Valmont Industries Estimates One Time Tax Expense From ‍​Tax Cuts And Jobs Act
Tuesday, 9 Jan 2018 06:10am EST 

Jan 9 (Reuters) - Valmont Industries Inc ::VALMONT INDUSTRIES INC - ESTIMATED ONE TIME TAX EXPENSE FROM ‍​TAX CUTS AND JOBS ACT OF $35 MILLION- $40 MILLION - SEC FILING.  Full Article

Valmont Industries Inc says co and subsidiaries entered into a first amended and restated credit agreement​
Friday, 20 Oct 2017 05:05pm EDT 

Oct 21 (Reuters) - Valmont Industries Inc :Valmont Industries Inc says ‍on Oct 18, 2017, co and subsidiaries entered into a first amended and restated credit agreement​ - SEC filing.Valmont Industries Inc - ‍company may increase credit facility by up to an additional $200 million at any time​.Valmont Industries Inc - ‍restated credit agreement provides for a $600 million committed unsecured revolving credit facility - SEC filing​.  Full Article

Valmont Industries reports Q3 earnings per share $1.55
Wednesday, 18 Oct 2017 05:30pm EDT 

Oct 19 (Reuters) - Valmont Industries Inc :Valmont reports third quarter 2017 results.Q3 adjusted earnings per share $1.56.Q3 earnings per share $1.55.Q3 earnings per share view $1.61 -- Thomson Reuters I/B/E/S.Sees fy 2017 earnings per share $6.90 to $7.04.Q3 revenue $680.8 million versus I/B/E/S view $651.6 million.Valmont Industries Inc - ‍North American hurricanes negatively impacted Q3 earnings by an estimated 10 cents per diluted share​.Valmont Industries Inc - ‍expect higher Q4 revenues, led by favorable utility support and engineered support structures sales​.  Full Article

Valmont Industries to sell Australian mining consumables business to Moly-Cop
Thursday, 24 Aug 2017 11:00pm EDT 

Aug 24 (Reuters) - Valmont Industries Inc - :Valmont announces sale of mining consumables business.Deal to sell its Australian mining consumables business to Moly-Cop.  Full Article

Valmont reports Q2 earnings per share $2.01
Wednesday, 19 Jul 2017 05:36pm EDT 

July 19 (Reuters) - Valmont Industries Inc :Valmont reports second quarter 2017 results.Q2 earnings per share $2.01.Q2 revenue $712.7 million versus I/B/E/S view $666.6 million.Q2 earnings per share view $1.96 -- Thomson Reuters I/B/E/S.Sees FY 2017 earnings per share $7.00.Valmont Industries Inc - Reaffirming annual guidance for earnings to be slightly above $7.00 per diluted share.FY2017 earnings per share view $7.09 -- Thomson Reuters I/B/E/S.  Full Article

Valmont appoints Stephen Kaniewski as CEO
Monday, 26 Jun 2017 05:30pm EDT 

June 26 (Reuters) - Valmont Industries Inc ::Valmont appoints Stephen G. Kaniewski as chief executive officer effective 12/31/17.Valmont Industries Inc - ‍Kaniewski will succeed Mogens C. Bay, Valmont's chairman and CEO​.Valmont Industries Inc - ‍mogens C. Bay will become executive chairman on December 31, 2017, for a transitional period​.  Full Article

Valmont Q1 earnings per share $1.72
Wednesday, 19 Apr 2017 05:30pm EDT 

April 19 (Reuters) - Valmont Industries Inc ::Valmont reports first quarter 2017 results.Q1 earnings per share $1.72.Q1 revenue $637.5 million versus I/B/E/S view $622.5 million.Q1 earnings per share view $1.61 -- Thomson Reuters I/B/E/S.Valmont Industries Inc - we reconfirm our sales, earnings and cash flow guidance for year.Reaffirming annual guidance for earnings to be slightly above $7.00 per diluted share.Valmont Industries- in quarter, rising steel, zinc costs pressured operating margins in engineered support structures, coatings segments.  Full Article

Valmont Industries Q4 GAAP earnings per share $3.10
Tuesday, 21 Feb 2017 05:30pm EST 

Valmont Industries Inc : Valmont reports fourth quarter and fiscal year 2016 results . Q4 GAAP earnings per share $3.10 . Q4 earnings per share view $1.45 -- Thomson Reuters I/B/E/S . Valmont Industries Inc - for 2017, company is issuing annual guidance for diluted eps to increase approximately 10pct from adjusted EPS of $6.42 . Sees FY17 revenue growth - mid single digit with each segment expecting positive comparisons . "for 2017, revenue should grow around 5pct without acquisitions" . Valmont Industries - expect to meet or exceed 10pct return on invested capital and more than one-time free cash flow conversion targets for 2017 . Qtrly adjusted earnings per share $1.61 . Fy2017 earnings per share view $6.78, revenue view $2.52 billion -- Thomson Reuters I/B/E/S .Qtrly net sales $674.6 million versus $633.8 million.  Full Article

BRIEF-Valmont Industries Files For Potential Debt Shelf Offering

* VALMONT INDUSTRIES INC FILES FOR POTENTIAL DEBT SHELF OFFERING; SIZE NOT DISCLOSED - SEC FILING Source http://bit.ly/2IGRAfr Further company coverage: