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Lindsay ([[LNN]] -3.5%) reported FQ1 revenue decrease of ~1% Y/Y to $108.5M; and net earnings of $7.1M (-14.9% Y/Y).FQ1 Gross margin declined by 220 bps to 28.9%; and operating margin declined by 430 bps to 6.9%,Company says significant increase in raw material costs ...
Lindsay (LNN): Q1 GAAP EPS of $0.65 misses by $0.10.Revenue of $108.5M (-0.8% Y/Y) misses by $4.57M.Shares -0.17% PM.Outlook: “Our backlog of irrigation equipment orders in North America supports solid revenue growth for our second quarter. We also expect improved activity levels to co...
Improving market conditions support irrigation revenue and earnings growth Strong irrigation system order flow in North America leads to large backlog Significant increase in raw material costs creates short-term margin headwinds Solid infrastructure results lower compared...
Lindsay (NYSE:LNN) is scheduled to announce Q1 earnings results on Thursday, January 7th, before market open.The consensus EPS Estimate is $0.75 (-2.6% Y/Y) and the consensus Revenue Estimate is $113.07M (+3.4% Y/Y).Over the last 2 years, LNN has beaten EPS estimates 38% of the time and has b...
Lindsay Corporation (NYSE: LNN), a leading global manufacturer and distributor of irrigation and infrastructure equipment and technology, today announced it plans to release financial results for its fiscal 2021 first quarter ended November 30, 2020 before the market opens on Thursday, ...
A weekly summary of dividend activity for Dividend Champions and Contenders. Companies which changed their dividends. Companies with upcoming ex-dividend dates. Companies with upcoming pay dates. For further details see: Dividend Champion And Contender Highlights: We...
Welcome to Seeking Alpha's Catalyst Watch - a breakdown of some of next week's actionable events that stand out. Check out Saturday morning's regular Stocks to Watch article for a full list of events planned for the week or the Seeking Alpha earnings calendar for companies due to report. Mond...
Lindsay Combines Advanced Agronomy with Predictive Machine Diagnostics to Create the First Smart Pivot Innovation transforms the pivot into an always-there crop and machine health guardian in the field PR Newswire OMAHA, Neb., Nov. 12, 2020 OMAHA, Neb. , No...
Lindsay (LNN) names current COO Randy Wood as its new President and CEO, effective Jan. 1, succeeding the retiring Tim Hassinger.Wood joined Lindsay in 2008 and became COO this September after holding key positions leading the company's irrigation business.Hassinger joined the company in Octo...
Lindsay Corporation (NYSE: LNN), a leading global manufacturer and distributor of irrigation and infrastructure equipment and technology, today announced the retirement of Tim Hassinger from his position as President and Chief Executive Officer and as a member of the Board of Directors,...
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Lindsay Corporation (NYSE: LNN) has caught the attention of the investment community today with its bullish price action. The company's shares have moved 8.95% on the day to $123.35. Lindsay Corporation, together with its subsidiaries, provides water management and road infrastructure products...
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Infrastructure results support consolidated margin performance, partially offsetting global irrigation market softness Lindsay Corporation (NYSE: LNN), a leading global manufacturer and distributor of irrigation and infrastructure equipment and technology, today announced results for it...