Lindsay Corp expected to post earnings of $1.27 a share - Earnings Preview

Lindsay

02/01/2024 13:32

* Lindsay Corp  LNN.N   LNN  is expected to show a fall in
quarterly revenue when it reports  results on January 4 for the
period ending August 31 2023
    * The Omaha Nebraska-based  company is expected to report a
7.2% decrease in revenue to $163.431 million from $176.16
million a year ago, according to the mean estimate from 5
analysts, based on LSEG data.
    * ​LSEG's mean analyst estimate for Lindsay Corp is for
earnings
of $1.27 per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 4
"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
$136.50​, above​ its last closing price of $129.16. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 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. 28 2023  1.55        1.53       1.63      Beat    6.7​
 Nov. 30 2022  1.23        1.18       1.65      Beat    39.8
 ​​Aug.        1.52        1.43       1.62      Beat    13.4
 31 2022                                                
 May. 31 2022  1.63        1.60       2.28      Beat    42.5​
 Feb. 28 2022  1.31        1.20       1.32      Beat    10.5
 Nov. 30 2021  0.85        0.88       0.72      Missed  -18.4
 This summary was machine generated January 2 at 13:32 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)