earnings
confidence high
sentiment positive
materiality 0.85
Valmont Q4 adj EPS $2.73 beats; record FY sales $3.5B; FY22 guidance raised
VALMONT INDUSTRIES INC
2019-FY EPS reported
$9.10
revenue$3,501,575,000
- Q4 net sales $963.3M (+20.7% YoY); record backlog >$1.6B (+40% since FY20).
- GAAP diluted EPS $1.25 ($2.73 adj), +24.1% vs Q4 2020 adj EPS of $2.20.
- Full-year 2021 net sales $3.5B (+20.9%); operating income $286.8M; adj EPS $10.92 (+33.5%).
- Irrigation segment sales record $1.03B (+59.3%); technology sales >$97.9M (+45%).
- FY2022 outlook: net sales $3.8-4.0B; GAAP EPS $11.55-12.30; capex $110-120M.