Lindsay Corp reports results for the quarter ended in August - Earnings Summary

Lindsay

19/10/2023 14:32

* Lindsay Corp  LNN.N  reported quarterly adjusted earnings
of
$1.74​​ per share for the quarter ended in August. The mean
expectation of five analysts for the quarter was for earnings of
$1.11 per share.
    * Revenue fell 12.1% to $167.13 million from a year ago;
analysts
expected $157.80 million. 
    * Lindsay Corp's reported EPS for the quarter was $1.74​.
    * The mean earnings estimate of analysts was unchanged in
the last
three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company. 
    * Lindsay Corp shares had fallen by 9.1% this quarter and
lost 34.3% so far this year.
    * The company reported quarterly net income of $19.23
million.
    * Wall Street's median 12-month price target for Lindsay
Corp is
$128.00 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is no "strong buy" or "buy," 5
"hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data
October 19 at 01:32 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Aug. 31 2023      1.11           1.74           Beat
 May. 31 2023      2.15           1.53           Missed
 Feb. 28 2023      1.53           1.63           Beat
 Nov. 30 2022      1.18           1.65           Beat