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Valmont Industries' stock rose 7.2% after beating Q4 earnings estimates despite analyst downgrades.
Valmont Industries (VMI) saw its stock position increase by 7.2% as reported by Axxcess Wealth Management LLC.
Despite recent downgrades by analysts like DA Davidson and William Blair, Valmont reported strong Q4 earnings, beating estimates with $3.84 EPS and $1.04 billion in revenue.
The company also announced a $0.68 quarterly dividend, marking a yield of 0.95%.
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Las acciones de Valmont Industries aumentaron un 7,2% después de superar las estimaciones de ganancias del Q4 a pesar de los descensos de calificación de los analistas.