Valmont Industries will report its second-quarter results before the bell on Tuesday. The infrastructure and agriculture equipment manufacturer posted revenues of $1.03 billion last quarter, a 6.2% year-on-year increase that beat analyst expectations. For the upcoming quarter, the market expects revenue growth of 3.8% year on year, an improvement from the 1% increase recorded in the same quarter last year. Analysts have generally reconfirmed their estimates over the last 30 days, though Valmont has missed Wall Street revenue estimates multiple times over the past two years. The company's stock is down 8.8% over the last month, heading into earnings with an average analyst price target of $611.25 compared to the current share price of $531.91.
Valmont Industries IncQ2 earnings report upcoming; past revenue beat and analyst estimates reconfirmed, but stock down and has missed estimates before
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