The highly anticipated financial results for the third quarter of Valmont Industries (NYSE: VMI) are scheduled to be disclosed on Tuesday 22nd October 2024. This important update will be made available after market close, providing investors and market participants with key information regarding the company's financial status.
The latest projections from financial analysts on Wall Street suggest that the business is likely to reveal an estimated $4.00 profit per share for the quarter. Additionally, the company is expected to announce revenueS of $1.02 billion for the period.
Looking back at the corresponding quarter from the previous year, the company's earnings report revealed a per-share income of $4.12. This notable figure was attributed to the company's total revenue, which settled at an impressive $1.05 billion during that specific quarter.
The company's full-year performance projections, as provided by Wall Street analysts, suggest a total revenue of $4.05 billion. Further, they expect the earnings per share to achieve profit of $16.92 for the fiscal year.
| Period | EPS Actual |
EPS Growth* |
Revenue Actual |
Revenue Growth* |
|---|---|---|---|---|
| Historical Earnings Insight | ||||
| Q2 2024 | $4.76 | +8.9% | 1.04 B | -0.6% |
| Q1 2024 | $4.32 | +19.7% | 977.83 M | -7.9% |
| Q4 2023 | $3.18 | -10.9% | 1.02 B | -10.2% |
| Q3 2023 | $4.12 | +18.1% | 1.05 B | -4.3% |
| Q2 2023 | $4.37 | +18.1% | 1.05 B | -7.9% |
| *Growth on year-over-year basis | ||||
VMI has scheduled a conference call on 23rd October 2024 at 09:00 AM eastern time to discuss the third quarter financial results and other related information.
The previous trading day saw Valmont Industries (VMI) shares trading between $304.93 and $311.98, besides a volume of 154.90 thousand shares. The stock closed Friday's regular trading session at $305.22, indicating 1.66 percent decrease.
