Agricultural equipment maker Lindsay misses Q4 revenue estimates, sees soft demand

Lindsay

23/10/2025 11:54

Overview

Lindsay Q4 revenue misses analyst expectations, down 1% yr/yr

International irrigation revenues up 23%, driven by South America and MENA region

Infrastructure revenues down 16% due to lower Road Zipper System sales

Outlook

Company expects North American irrigation demand to remain tempered due to commodity price pressure

Lindsay anticipates stable growth in Road Zipper System leasing and road safety products

Company sees continued growth in Brazil despite high interest rates and credit constraints

Result Drivers

INTERNATIONAL IRRIGATION GROWTH - Strong growth in South America and MENA region boosts international irrigation revenues

NORTH AMERICA IRRIGATION DECLINE - Lower storm damage replacement demand and soft market conditions impact North America irrigation revenues

INFRASTRUCTURE REVENUE DECREASE - Infrastructure revenues down due to absence of prior year Road Zipper System project sales

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q4 Revenue
Miss
$153.60 mln
$156.91 mln (4 Analysts)
Q4 EPS
$0.99
Q4 Net Income
$10.80 mln
Q4 Operating Income
$11.30 mln
Q4 Operating Margin
7.40%


Press Release: ID:nBw6gfKs1a

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)