Lindsay(LNN)

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Lindsay (LNN) Earnings Expected to Grow: What to Know Ahead of Next Week's Release
ZACKS· 2025-03-27 15:00
Core Viewpoint - The market anticipates Lindsay (LNN) to report a year-over-year increase in earnings driven by higher revenues, with actual results being crucial for stock price movement [1][2]. Earnings Expectations - Lindsay is expected to report quarterly earnings of $1.89 per share, reflecting a year-over-year increase of 15.2% [3]. - Revenues are projected to reach $179.89 million, representing an 18.7% increase from the same quarter last year [3]. Estimate Revisions - The consensus EPS estimate has been revised down by 3.53% over the last 30 days, indicating a reassessment by analysts [4]. - The Most Accurate Estimate aligns with the Zacks Consensus Estimate, resulting in an Earnings ESP of 0% [10][11]. Earnings Surprise Prediction - The Zacks Earnings ESP model suggests that a positive or negative reading indicates the potential deviation of actual earnings from the consensus estimate, with positive readings being more predictive of earnings beats [6][7]. - Stocks with a positive Earnings ESP and a Zacks Rank of 1, 2, or 3 have shown a nearly 70% success rate in delivering positive surprises [8]. Historical Performance - Lindsay has consistently beaten consensus EPS estimates in the last four quarters, with a notable surprise of +17.16% in the most recent quarter [12][13]. Conclusion - Despite a strong historical performance, Lindsay does not currently appear to be a compelling earnings-beat candidate due to the lack of recent analyst revisions [11][16].
Is Lindsay (LNN) Stock Outpacing Its Industrial Products Peers This Year?
ZACKS· 2025-03-19 14:40
Company Overview - Lindsay (LNN) is a stock within the Industrial Products sector, which consists of 200 individual stocks and currently holds a Zacks Sector Rank of 13 [2] - Lindsay is part of the Manufacturing - Farm Equipment industry, which includes 7 companies and is ranked 84 in the Zacks Industry Rank [5] Performance Analysis - Year-to-date, Lindsay has returned approximately 9.3%, outperforming the average loss of 4.5% in the Industrial Products group [4] - In comparison, another stock in the sector, Middleby (MIDD), has returned 13.3% year-to-date [4] - The consensus EPS estimate for Lindsay has increased by 6.5% over the past quarter, indicating improved analyst sentiment and a stronger earnings outlook [3] Industry Context - The Manufacturing - Farm Equipment industry has gained an average of 12.9% year-to-date, suggesting that Lindsay is slightly underperforming its industry [5] - The Manufacturing - General Industrial industry, to which Middleby belongs, is currently ranked 152 and has declined by 4.5% year-to-date [6]
Electric Royalties appoints Craig Lindsay as board chair
Proactiveinvestors NA· 2025-03-17 12:59
Group 1 - Proactive provides fast, accessible, informative, and actionable business and finance news content to a global investment audience [2] - The news team covers medium and small-cap markets, as well as blue-chip companies, commodities, and broader investment stories [3] - Proactive focuses on sectors such as biotech and pharma, mining and natural resources, battery metals, oil and gas, crypto, and emerging digital and EV technologies [3] Group 2 - Proactive has a strong emphasis on technology adoption, utilizing various tools to enhance workflows [4] - The company employs automation and software tools, including generative AI, while ensuring all content is edited and authored by humans [5]
Why Is Lindsay (LNN) Up 7.7% Since Last Earnings Report?
ZACKS· 2025-02-06 17:30
Core Viewpoint - Lindsay's recent earnings report shows a positive trend with earnings per share beating estimates and revenue growth year over year, indicating strong operational performance and potential for continued growth [2][3]. Financial Performance - Earnings per share for Q1 fiscal 2025 were $1.57, exceeding the Zacks Consensus Estimate of $1.34, representing a 15% year-over-year improvement [2]. - Revenue for the quarter was $166 million, up from $161 million in the same quarter last year, meeting the Zacks Consensus Estimate [2]. - The company's backlog increased significantly to approximately $168 million as of November 30, 2024, compared to about $87 million a year earlier [2]. Operational Update - Operating revenues improved by 4.4% year over year to around $116 million, with gross profit remaining flat at $50 million, resulting in a gross margin of 30.1%, slightly down from 31% a year ago [3]. - Operating expenses rose by 0.7% year over year to around $29 million, leading to an operating income of roughly $22 million, up from $21 million in the prior year [3]. Segment Performance - The Irrigation segment's revenues increased by 5% year over year to approximately $147 million, with North American revenues declining by 13% to about $78 million due to lower unit sales, while international revenues surged by 37% to around $69 million [4]. - The Infrastructure segment's revenues decreased by 9% year over year to roughly $19 million, attributed to timing differences in Road Zipper System lease revenues, but operating income rose by 14% to $4.1 million [5]. Financial Position - As of the end of Q1 fiscal 2025, Lindsay had cash and cash equivalents of approximately $194 million, an increase from $159 million at the end of Q1 fiscal 2024, with long-term debt remaining stable at around $115 million [6]. Future Outlook - The company anticipates growth in its infrastructure segment for fiscal 2025, driven by a significant Road Zipper System project, although market conditions in North America and Brazil's irrigation markets are expected to remain soft in the near term [7]. - Estimates for the company have remained stable over the past month, with a consensus estimate shift of 7.96% [8]. Investment Scores - Lindsay currently holds a strong Growth Score of A and a momentum score of A, but a value score of C, placing it in the middle 20% for value investment strategy [9]. - The overall aggregate VGM Score for the stock is A, indicating strong performance across multiple investment strategies [9]. Stock Outlook - Lindsay has a Zacks Rank of 3 (Hold), suggesting an expectation of an in-line return from the stock in the upcoming months [10].
Lindsay Q1 Earnings Beat Estimates, Revenues Increase Y/Y
ZACKS· 2025-01-08 19:11
Core Viewpoint - Lindsay Corporation reported strong earnings in the first quarter of fiscal 2025, exceeding expectations and showing year-over-year growth in both earnings per share and revenue [1][3]. Financial Performance - Earnings per share for Q1 fiscal 2025 were $1.57, surpassing the Zacks Consensus Estimate of $1.34, representing a 15% increase year over year [1]. - Revenue for the quarter was $166 million, up from $161 million in the same quarter last year, meeting the Zacks Consensus Estimate [1]. - The cost of operating revenues improved by 4.4% year over year to approximately $116 million, with gross profit remaining relatively flat at $50 million [3]. - Operating expenses increased by 0.7% year over year to around $29 million, resulting in an operating income of roughly $22 million, up from $21 million in the prior year [3]. Segment Performance - The Irrigation segment's revenues rose by 5% year over year to about $147 million, although North American irrigation revenues fell by 13% to approximately $78 million due to lower unit sales [5]. - The International irrigation segment saw a significant revenue increase of 37% year over year to around $69 million [5]. - The Infrastructure segment's revenues decreased by 9% year over year to roughly $19 million, attributed to timing differences in Road Zipper System lease revenues, while operating income for this segment increased by 14% to $4.1 million [6]. Backlog and Financial Position - The company's backlog as of November 30, 2024, was approximately $168 million, a significant increase from about $87 million a year earlier [2]. - Cash and cash equivalents at the end of Q1 fiscal 2025 were around $194 million, up from $159 million at the end of Q1 fiscal 2024, with long-term debt remaining stable at approximately $115 million [8]. Future Outlook - The company anticipates growth in its infrastructure segment for fiscal 2025, driven by a large Road Zipper System project recently secured [9]. - Market conditions in North America and Brazil's irrigation markets are expected to remain soft in the near term [9]. Stock Performance - Lindsay's shares have declined by 9.8% over the past year, contrasting with the industry's growth of 0.9% [10].
Lindsay(LNN) - 2025 Q1 - Quarterly Report
2025-01-07 21:10
Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (MARK ONE) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended November 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission File Number 1-13419 Lindsay Corporation (Exact name of registrant as specified in its charter) Delaware 47-0554096 (State or other jurisdiction of incorporat ...
Lindsay Buys Minority Interest in Pessl to Boost AgTech Portfolio
ZACKS· 2025-01-07 18:41
Lindsay Corporation (LNN) announced that it completed its previously announced deal to acquire a 49.9% minority interest in Pessl Instruments GmbH. This move will enhance LNN's position as an irrigation management and scheduling solution provider in the industry.Details on Lindsay-Pessl Instruments DealLindsay inked a deal with Pessl on April 3, 2024, to acquire 49.9% minority interests with the option to purchase the remaining shares at a later date. In May 2023, the companies initially formed a collaborat ...
Lindsay(LNN) - 2025 Q1 - Earnings Call Transcript
2025-01-07 17:32
Lindsay Corporation (NYSE:LNN) Q1 2025 Earnings Conference Call January 7, 2024 11:00 AM ET Company Participants Randy Wood - President and Chief Executive Officer Brian Ketcham - Chief Financial Officer Conference Call Participants Ryan Connors - Northcoast Research Tyler Hutin - William Blair Adam Farley - Stifel Jon Braatz - Kansas City Capital Brett Kearney - American Rebirth Opportunity Partners Operator Good day, and welcome to the Lindsay Corporation Fiscal First Quarter 2025 Earnings Conference Call ...
Lindsay (LNN) Q1 Earnings: How Key Metrics Compare to Wall Street Estimates
ZACKS· 2025-01-07 15:41
For the quarter ended November 2024, Lindsay (LNN) reported revenue of $166.28 million, up 3.1% over the same period last year. EPS came in at $1.57, compared to $1.36 in the year-ago quarter.The reported revenue compares to the Zacks Consensus Estimate of $165.83 million, representing a surprise of +0.27%. The company delivered an EPS surprise of +17.16%, with the consensus EPS estimate being $1.34.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street ...
Lindsay(LNN) - 2025 Q1 - Earnings Call Presentation
2025-01-07 15:19
1st Quarter Fiscal 2025 Earnings Slide Deck Safe-Harbor Statement This presentation contains forward-looking statements that are subject to risks and uncertainties, and which reflect management's current beliefs and estimates of future economic circumstances, industry conditions, Company performance, financial results and planned financing. You can find a discussion of many of these risks and uncertainties in the annual, quarterly and current reports that the Company files with the Securities and Exchange C ...