Newz(VMI) on Tuesday reported third-quarter net income of $121.1 million. On a per-share basis, the Omaha, Nebraska-based company said it had net income of $6.24. The results topped Wall Street expectations.
The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of $5.70 per share. The infrastructure equipment maker posted revenue of $1.1 billion in the period, which fell short of Street forecasts. Six analysts surveyed by Zacks expected $1.12 billion.
Valmont expects full-year earnings in the range of $22.75 to $23.75 per share, with revenue in the range of $4.3 billion to $4.45 billion. _____ This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on VMI at https://www.zacks.com/ap/VMI Source
(AP) — RTX Corporation (RTX) on Tuesday reported third-quarter profit of $2.58 billion. On a per-share basis, the Arlington, Virginia-based company said it had net income of $1.89. Earnings, adjusted for one-time gains and costs, came to $2.26 per share.
The results exceeded Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of $1.78 per share. The an aerospace and defense company posted revenue of $24.97 billion in the period, also exceeding Street forecasts.
Four analysts surveyed by Zacks expected $24.01 billion. RTX expects full-year earnings in the range of $7.65 to $7.75 per share, with revenue in the range of $97 billion to $97.5 billion. Access a Zacks stock report on RTX at https://www.zacks.com/ap/RTX Source
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