Lindsay Corp expected to post earnings of $1.17 a share - Earnings Preview

Lindsay

25/06/2024 14:23

* Lindsay Corp  LNN.N   LNN  is expected to show a fall in
quarterly revenue when it reports  results on June 27 for the
period ending May 31 2024
    * The Omaha Nebraska-based  company is expected to report a
12.3% decrease in revenue to $144.363 million from $164.55
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 $1.17 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
$134.00​, above​ its last closing price of $114.43. ​​​

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  1.57        1.56       1.64      Beat    5.5
 Nov. 30 2024  1.28        1.27       1.36      Beat    6.9
 Aug. 31 2023  1.06        1.11       1.74      Beat    56.2​
 May. 31 2023  2.16        2.15       1.53      Missed  -28.8
 ​​Feb.        1.55        1.53       1.63      Beat    6.7
 28 2023                                                
 Nov. 30 2022  1.23        1.18       1.65      Beat    39.8​
 Jan. 1 0001   1.52        1.43       1.62      Beat    13.4
 Jan. 1 0001   1.63        1.60       2.28      Beat    42.5
 This summary was machine generated June 25 at 13:23 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)