Valmont Industries 3Q 2026: Revenue $1.1B, Net income $121.05M, EPS $6.24— 10-Q Summary

Stifel maintained a Buy rating on Valmont Industries (NYSE:VMI) with a $623 target, citing strong fundamentals and quarterly results that exceeded earnings expectations. The company reported EPS of $6.24, beating estimates, but revenue missed by $20 million. Valmont faces margin pressure but expects expansion as pricing adjusts. The Utility segment showed strong demand, while Agriculture had a notable project. The company has a P/E ratio of 17.4 and a PEG ratio of 0.12.

Valmont Industries (VMI) reported Q3 2026 revenue of $1.10B, missing estimates by 1.3% but up 5.5% YoY. Adjusted EPS of $6.24 beat estimates by 9%. Full-year revenue guidance remains $4.38B. Utility and coatings segments grew, while telecom and international ag faced challenges. Input cost pressures may impact margins in Q4.

Valmont Industries (VMI) reported Q3 2026 earnings, highlighting a 25% revenue increase driven by utility strength. Steel costs rose 50% YoY, pressuring margins. Agriculture sales fell 6.4% YoY, with global market challenges. Telecom sales dropped 33.8% due to lower carrier spending. Q4 earnings are expected to moderate due to input cost pressures. The company remains confident in its $6.7B revenue target through 2029, with strong utility backlog and customer commitments.

Valmont (VMI) reported Q3 2026 net sales of $1.1B, up 5.5% YoY, with EPS at $6.24, a 25.3% increase. North America utility sales grew 23%, while telecom sales fell 33.8%. The company expects strong utility demand and is investing in capacity expansion. Agriculture markets remain challenged, but aftermarket solutions are gaining traction. Valmont raised its 2027 growth capital investment plan.

Valmont Industries reported Q3 2026 earnings, highlighting 23% growth in North America Utility and 16% in Agriculture. Infrastructure backlog reached $1.8B, while Telecom declined 33.8%. Operating margins expanded 22bps despite cost pressures. Management expects Q4 earnings to moderate due to input cost pressures and anticipates margin stabilization in 2027. They plan to double growth capital investment in 2027 for utility and coatings capacity expansion.

Valmont Industries (VMI) raised its 2026 adjusted EPS guidance to $22.75-$23.75 and set a target of $35 EPS by 2029. The company provided these updates during its Q3 2026 earnings call. This information is based on an AI-generated article from Seeking Alpha.