Valmont Q4 EPS Misses Estimates as Revenue Grows 0.1% to $1.038B
Valmont Industries' Q4 adjusted EPS rose 28.1% to $4.92 but missed the $4.95 estimate, while revenue grew 0.1% to $1.0383 billion versus a $1.0469 billion forecast. It reported 21% utility sales growth, a 19.9% agriculture revenue decline and 2026 guidance of $4.2–4.4 billion sales and $20.50–$23.50 EPS.
1. Q4 Results
Valmont reported adjusted EPS of $4.92 per share, up 28.1% year over year, missing the $4.95 consensus. Fourth-quarter revenue rose 0.1% to $1.0383 billion, below the $1.0469 billion forecast.
2. Segment Performance
Infrastructure segment revenue increased 7.2% to $819 million, short of the $825.8 million estimate, driven by 21% utility sales growth offset by solar market withdrawals and Asia-Pacific softness. Agriculture revenue fell 19.9% to $222.7 million, above the $213.6 million projection, reflecting weaker irrigation equipment demand and timing issues in Middle East and Brazil.
3. Financial Position and Capital Return
The company ended the quarter with $187.1 million in cash and cash equivalents and generated $456.5 million of operating cash flow, down about 20% year over year. It returned $85.6 million to shareholders through dividends and share repurchases and invested $40.8 million in capital expenditures.
4. Full-Year 2026 Guidance
Valmont expects net sales of $4.2–4.4 billion, with infrastructure revenues of $3.25–3.4 billion and agriculture revenues of $0.95–1.0 billion. EPS is projected at $20.50–$23.50, capital expenditures at $170–200 million and an effective tax rate near 26%.