Lindsay Corp expected to post earnings of $1.01 a share - Earnings Preview

Lindsay

22/10/2024 15:03

* Lindsay Corp  LNN.N   LNN  is expected to show a fall in
quarterly revenue when it reports  results on October 24 for the
period ending August 31 2024
    * The Omaha Nebraska-based  company is expected to report a
13.0% decrease in revenue to $145.47 million from $167.13
million a year ago, according to the mean estimate from 4
analysts, based on LSEG data.
    * ​LSEG's mean analyst estimate for Lindsay Corp is for
earnings
of $1.01 per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 3
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Lindsay
Corp is
$132.00​, above​ its last closing price of $113.65. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Feb. 29 2024  1.13        1.17       1.85      Beat    57.8
 Jan. 1 2024   1.57        1.56       1.64      Beat    5.5
 Jan. 1 0001   1.28        1.27       1.36      Beat    6.9​
 Jan. 1 0001   1.06        1.11       1.74      Beat    56.2
 ​​May.        2.16        2.15       1.53      Missed  -28.8
 31 2023                                                
 Jan. 1 0001   1.55        1.53       1.63      Beat    6.7​
 Jan. 1 0001   1.23        1.18       1.65      Beat    39.8
 Aug. 31 2022  1.52        1.43       1.62      Beat    13.4
 This summary was machine generated October 22 at 14:03 GMT.  All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)