Lindsay Corp expected to post earnings of $1.60 a share - Earnings Preview

Lindsay

28/06/2022 13:40

* Lindsay Corp  LNN.N   LNN  is expected to show a rise in
quarterly revenue when it reports  results on June 30. 
    * The Omaha Nebraska-based  company is expected to report  a
16.7% increase in revenue to $188.949 million from $161.94
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 $1.60 per share. For the same quarter last year, the
company reported earnings of $1.61 per share.
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 2 "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
$170​, above​ its last closing price of $124.71. ​​​
    * Previous quarterly performance (using preferred earnings
measure
in US dollars). ​

 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Feb. 28 2022  1.31        1.20       1.32      Beat    10.5
 Nov. 30 2022  0.85        0.88       0.72      Missed  -18.4
 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.        0.94        0.86       1.08      Beat    25.2
 28 2021                                                
 Nov. 30 2020  0.75        0.75       0.65      Missed  -13​
 Aug. 31 2020  0.95        0.94       1.35      Beat    44
 May. 31 2020  0.94        0.88       0.93      Beat    5.4
 This summary was machine generated June 28 at 12:40 GMT.  All
figures in US dollars  unless otherwise stated