Valmont Q3 Net Income Rises to $121 Million, Raises 2026 Adjusted EPS Guidance

Valmont Industries (VMI) reported higher third-quarter net income and raised its full-year 2026 adjusted earnings guidance, the manufacturer and engineering company said Tuesday. Net earnings attributable to the company rose to $121.05 million from $99.03 million a year earlier. Earnings per share were $6.24 versus $5.02, while operating income jumped to $172.83 million from $141.46 million. Net sales increased to $1.10 billion from $1.05 billion. Valmont reaffirmed its full-year 2026 net sales outlook of $4.3 billion to $4.45 billion and lifted adjusted EPS guidance to $22.75 to $23.75 from $22.25 to $23.50. The stock closed Monday at $452.25 on the New York Stock Exchange, up 1.74%.