Apr. 22 at 11:43 AM
$VMI Valmont reports Q1 EPS
$4.32, consensus
$4.36
Reports Q1 revenue
$969.31M, consensus
$976.14M. President and CEO Avner Applbaum commented, "Most of our end markets are showing resilience against the current backdrop of economic uncertainty, driving growth in key parts of our business. We're seeing continued strength in Infrastructure, particularly Utility and Telecommunications, as well as solid demand trends in International Agriculture. Our infrastructure capacity investments are beginning to ramp up and are expected to contribute to sales growth as the year progresses. In Agriculture, strong international performance, especially from large-scale projects, is offsetting softness in the North American market.
Our first-quarter results reflect disciplined execution and steady progress on our strategic priorities, which help us remain agile while navigating dynamic conditions, including tariff impacts. Across the organization, we're executing well and remain confident in our full-year outlook, while also being alert to the rapidly-evolving environment in which we operate, as we deliver value for our customers and shareholders."
