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Valspar Corp. (VAL) Has Risen To A New High On Q2 Earnings News

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us
rttnewslogo20mar2024

Valspar Corp. (VAL) reported second quarter adjusted EPS of $0.91 Tuesday morning, up from $0.84 a year ago. The consensus estimate was for EPS of $0.90. The company also backed its full year adjusted EPS guidance of $3.60 to $3.80. The consensus estimate is for EPS of $3.68.

Valspar has been climbing since the open of trade Tuesday and is now up 1.49 at $69.35. The stock has been gaining ground for the last month and has broken out to a new high for the year.

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