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Valmont lowers earnings outlook

  • Valmont Industries (NYSE:VMI) has lowered its 2014 earnings outlook due to delayed deliveries, pricing in certain sectors and recent farm commodity price trends and harvest expectations in North America.
  • The company has now expects full-year diluted earnings per share to be in the range of $8.70 to $8.90 from a prior guidance of between $9.35 and $9.65 per diluted share.
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