When did Valmont Industries report Q1 2024 earnings?

Valmont Industries (VMI) reported Q1 2024 earnings on May 1, 2024 after market close.

What were Valmont Industries's Q1 2024 revenue and EPS?

Valmont Industries reported revenue of $977.8M and eps of $4.32 for Q1 2024.

Did Valmont Industries beat estimates in Q1 2024?

Revenue missed the consensus estimate of $987.0M by $9.2M. EPS beat the consensus estimate of $3.31 by $1.01.

Where can I find Valmont Industries's Q1 2024 SEC filings?

You can read the 10-Q periodic report (0000102729-24-000025) directly on SEC EDGAR. The filing index links above go to sec.gov.

Valmont Industries VMI Q1 2024 earnings

Reported May 1, 2024 · After market close

Revenue$977.8MMiss by $9.2M

EPS$4.32Beat by $1.01

Revenue estimate$987.0M

EPS estimate$3.31

Next report

Oct 20, 2026 (in 3 months)

Revenue estimate$1.1B

EPS estimate$5.72

Financials

Q1 2024

Income statement

See full

Revenue$977.8M-8.0%

Gross profit$306.2M-0.8%

Operating income$131.6M+11.0%

Net income$87.8M+21.4%

EPS (diluted)$4.32+24.5%

Balance sheet

See full

Cash & equivalents$169.2M-2.2%

Total debt$1.3B+10.3%

Total equity$1.4B-8.5%

Total assets$3.5B-3.9%

Cash flow

See full

Operating cash flow$23.3M+10.1%

CapEx$15.0M-32.9%

Free cash flow$8.3M+816%

Valuation & ratios

Valuation

as of 03/30/24

See full

Market cap$4.61B-32.1%

Enterprise value$5.71B-26.5%

P/E27.7×+2.0×

P/S1.1×-0.4×

Profitability

See full

Gross margin30.2%+3.4pp

Operating margin7.4%-2.9pp

Net margin4.1%-1.9pp

FCF margin5.4%-0.4pp

Returns & leverage

See full

Return on equity11.3%-6.2pp

Debt / equity0.9×+0.2×

Current ratio2.6×+0.3×

Segments

By segment

See full

Infrastructure$723.6M-1.7%

Agriculture$258.7M-22.1%

Versus estimates

Revenue

Q2 2026$1.1BBeat by $25.0M Q1 2026$1.0BBeat by $33.4M Q4 2025$1.0BMiss by $4.9M Q4 2024$1.0BBeat by $24.8M Q2 2024$1.0BMiss by $633.0K

Q1 2024$977.8MMiss by $9.2M

Diluted EPS

Q2 2026$11.65Beat by $5.89 Q1 2026$5.51Beat by $0.79 Q4 2025$4.92Miss by $0.03 Q4 2024$3.84Beat by $0.21 Q2 2024$4.91Beat by $0.83

Q1 2024$4.32Beat by $1.01

Ask the moment Valmont Industries reports.

Connect your AI and ask the moment the filing drops. It reads the release, surfaces what management said, and gives you its own read.

Connect your AI

Claude

Questions, answered.

When did Valmont Industries report Q1 2024 earnings?: Valmont Industries (VMI) reported Q1 2024 earnings on May 1, 2024 after market close.
What were Valmont Industries's Q1 2024 revenue and EPS?: Valmont Industries reported revenue of $977.8M and eps of $4.32 for Q1 2024.
Did Valmont Industries beat estimates in Q1 2024?: Revenue missed the consensus estimate of $987.0M by $9.2M. EPS beat the consensus estimate of $3.31 by $1.01.
Where can I find Valmont Industries's Q1 2024 SEC filings?: You can read the 10-Q periodic report (0000102729-24-000025) directly on SEC EDGAR. The filing index links above go to sec.gov.