Lindsay Corporation reports results for the quarter ended August 31 - Earnings Summary
Lindsay Corporation reports results for the quarter ended August 31 - Earnings Summary
Lindsay Corporation LNN.N reported quarterly adjusted earnings of $1.53 per share for the quarter ended August 31, higher than the same quarter last year, when the company reported EPS of 99 cents. The mean expectation of four analysts for the quarter was for earnings of 99 cents per share. Wall Street expected results to range from 83 cents to $1.10 per share.
Revenue fell 5.1% to $161.57 million from a year ago; analysts expected $147.56 million.
Lindsay Corporation's reported EPS for the quarter was $1.10.
The company reported quarterly net income of $15.82 million.
Lindsay Corporation shares had fallen by 4.8% this quarter and lost 9.6% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had risen by about 16.9% in the last three months.
In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.
RECOMMENDATIONS
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 average consensus recommendation for the heavy machinery & vehicles peer group is "buy."
Wall Street's median 12-month price target for Lindsay Corporation is $112.30, about 5.1% above its last closing price of $106.59
This summary was machine generated from LSEG data October 22 at 02:26 p.m. UTC. 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)
QUARTER ENDING | ESTIMATE | ACTUAL | BEAT, MET, MISSED |
Aug. 31 2026 | 1.21 | 1.53 | Beat |
May. 31 2026 | 1.69 | 1.15 | Missed |
Feb. 28 2026 | 1.48 | 1.54 | Beat |
Nov. 30 2025 | 1.10 | 1.54 | Beat |
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