Valmont Industries Q4 Profit Down - Quick Facts

(RTTNews) - Valmont Industries, Inc. (VMI) Thursday reported fourth-quarter profit of $54.87 million or $2.04 per share, down from $65.04 million or $2.43 per share in the same period last year.

On average, 10 analysts polled by Thomson Reuters expected the company to earn $2.66 per share for the quarter. Analysts' estimates typically exclude special items.

Sales increased to $827.9 million from $815.0 million last year. Analysts expected sales of $842.93 million.

Looking ahead, the company expects full-year earnings to be slightly below 2013's adjusted earnings of $10.97 per share. Analysts currently expect full-year earnings of $10.97 per share.