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

Lindsay

29/06/2023 14:31

* Lindsay Corp  LNN.N  reported quarterly adjusted earnings
of
$1.53​​ per share for the quarter ended in May. The mean
expectation of five analysts for the quarter was for earnings of
$2.15 per share.
    * Revenue fell 23.2% to $164.55 million from a year ago;
analysts
expected $208.40 million. 
    * Lindsay Corp's reported EPS for the quarter was $1.53​.
    * The mean earnings estimate of analysts had fallen by
about 9% 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 17.5% this quarter and
lost 23.4% so far this year.
    * The company reported quarterly net income of $16.88
million.
    * Wall Street's median 12-month price target for Lindsay
Corp is
$154.50 
    * 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." 

This summary was machine generated from LSEG Refinitiv data June
29 at 01:31 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 May. 31 2023      2.15           1.53           Missed
 Feb. 28 2023      1.53           1.63           Beat
 Nov. 30 2022      1.18           1.65           Beat
 Aug. 31 2022      1.43           1.62           Beat