Lindsay Corp expected to post earnings of $1.53 a share - Earnings Preview

Lindsay

31/03/2023 13:46

* Lindsay Corp  LNN.N   LNN  is expected to show a fall in
quarterly revenue when it reports  results on April 4. 
    * The Omaha Nebraska-based  company is expected to report  a
5.9% decrease in revenue to $188.274 million from $200.14
million a year ago, according to the mean estimate from 4
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Lindsay Corp is for
earnings of $1.53 per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 5
"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
$187​, above​ its last closing price of $148.07. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Nov. 30 2022  1.23        1.18       1.65      Beat    39.8
 Aug. 31 2022  1.52        1.43       1.62      Beat    13.4
 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.        0.85        0.88       0.72      Missed  -18.4
 30 2021                                                
 Aug. 31 2021  0.78        0.79       0.53      Missed  -33.2​
 May. 31 2021  1.29        1.30       1.61      Beat    24.1
 Feb. 28 2021  0.94        0.86       1.08      Beat    25.2
 This summary was machine generated March 31 at 12:46 GMT.  All
figures in US dollars  unless otherwise stated