Lindsay(LNN)

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Lindsay (LNN) Q3 Earnings: Taking a Look at Key Metrics Versus Estimates
ZACKS· 2025-06-26 14:31
Core Insights - Lindsay (LNN) reported revenue of $169.46 million for the quarter ended May 2025, reflecting a year-over-year increase of 21.7% [1] - The earnings per share (EPS) for the quarter was $1.78, up from $1.41 in the same quarter last year, indicating a strong performance [1] - The reported revenue exceeded the Zacks Consensus Estimate of $162.01 million by 4.60%, while the EPS surpassed the consensus estimate of $1.36 by 30.88% [1] Financial Performance Metrics - Operating revenues for the Infrastructure segment were $25.72 million, slightly below the average estimate of $25.75 million, representing a year-over-year change of +5.6% [4] - The Irrigation segment reported operating revenues of $143.75 million, exceeding the average estimate of $136.26 million, with a year-over-year increase of +25.2% [4] - Operating income for the Irrigation segment was $27.15 million, surpassing the average estimate of $21.41 million [4] - The Corporate segment reported an operating income of -$8.79 million, which was worse than the estimated -$8.20 million [4] - Operating income for the Infrastructure segment was $5.43 million, exceeding the average estimate of $4.74 million [4] Stock Performance - Over the past month, shares of Lindsay have returned -1.7%, contrasting with the Zacks S&P 500 composite's increase of +5.1% [3] - The stock currently holds a Zacks Rank 3 (Hold), suggesting it may perform in line with the broader market in the near term [3]
Lindsay (LNN) Surpasses Q3 Earnings and Revenue Estimates
ZACKS· 2025-06-26 12:56
Company Performance - Lindsay (LNN) reported quarterly earnings of $1.78 per share, exceeding the Zacks Consensus Estimate of $1.36 per share, and up from $1.41 per share a year ago, representing an earnings surprise of +30.88% [1] - The company posted revenues of $169.46 million for the quarter ended May 2025, surpassing the Zacks Consensus Estimate by 4.60%, and an increase from year-ago revenues of $139.2 million [2] - Over the last four quarters, Lindsay has consistently surpassed consensus EPS estimates and revenue estimates [2] Stock Performance - Lindsay shares have increased approximately 16% since the beginning of the year, outperforming the S&P 500's gain of 3.6% [3] - The current consensus EPS estimate for the upcoming quarter is $1.20 on revenues of $161.38 million, and for the current fiscal year, it is $6.57 on revenues of $676.71 million [7] Industry Outlook - The Manufacturing - Farm Equipment industry, to which Lindsay belongs, is currently ranked in the bottom 32% of over 250 Zacks industries, indicating potential challenges ahead [8] - Empirical research suggests a strong correlation between near-term stock movements and trends in earnings estimate revisions, which could impact Lindsay's stock performance [5]
Lindsay(LNN) - 2025 Q3 - Earnings Call Presentation
2025-06-26 11:11
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 Commission. Investors should understand that ...
Lindsay(LNN) - 2025 Q3 - Quarterly Results
2025-06-26 10:45
Exhibit 99.1 18135 BURKE ST. OMAHA, NE 68022 TEL: 402-829-6800 FAX: 402-829-6836 Lindsay Corporation Reports Third Quarter Fiscal 2025 Results Double digit increases in revenue and operating income supported by growth in both segments OMAHA, Neb., June 26, 2025—Lindsay Corporation (NYSE: LNN), a leading global manufacturer and distributor of irrigation and infrastructure equipment and technology, today announced results for its third quarter ended May 31, 2025. Key Highlights "Continued strength in our inte ...
Insights Into Lindsay (LNN) Q3: Wall Street Projections for Key Metrics
ZACKS· 2025-06-23 14:15
Core Insights - Lindsay (LNN) is expected to report quarterly earnings of $1.36 per share, a decline of 3.6% year-over-year, with revenues projected at $162.01 million, reflecting a 16.4% increase compared to the same period last year [1] - The consensus EPS estimate has remained unchanged over the last 30 days, indicating analysts have reassessed their initial estimates [1] Revenue Estimates - Analysts estimate 'Operating revenues- Infrastructure segment' at $25.75 million, representing a 5.7% increase from the prior-year quarter [4] - The 'Operating revenues- Irrigation segment' is projected to reach $136.26 million, indicating an 18.7% increase from the prior-year quarter [4] Income Estimates - The estimated 'Operating income- Irrigation segment' is $21.41 million, up from $19.52 million reported in the same quarter last year [5] - Analysts forecast 'Operating income- Infrastructure segment' to be $4.74 million, down from $6.28 million in the previous year [5] Stock Performance - Lindsay shares have decreased by 1.6% over the past month, contrasting with a 0.5% increase in the Zacks S&P 500 composite [6] - With a Zacks Rank 3 (Hold), Lindsay is expected to perform in line with the overall market in the near future [6]
Lindsay Corporation: Still Not Ready For An Upgrade
Seeking Alpha· 2025-06-18 06:22
Group 1 - The article emphasizes the value of investing in unconventional companies, particularly those in the oil and natural gas sector, which are often overlooked by mainstream investors [1] - Crude Value Insights provides an investment service that focuses on cash flow and the growth prospects of companies in the oil and gas industry [1] - Subscribers have access to a comprehensive stock model account, detailed cash flow analyses of exploration and production (E&P) firms, and live discussions about the sector [2] Group 2 - The service offers a two-week free trial for new subscribers, encouraging them to explore investment opportunities in the oil and gas market [3]
Lindsay Gains on Solid Infrastructure Segment Demand & Acquisition
ZACKS· 2025-04-08 16:50
Core Insights - Lindsay Corporation (LNN) is experiencing growth in its infrastructure business, driven by the Road Zipper System leasing and road safety equipment sales, alongside increased international irrigation market demand due to food security concerns [1][3][6] - The acquisition of Pessl Instruments GmbH enhances Lindsay's position in irrigation management and scheduling solutions, supporting its growth strategy [2][7][8] Infrastructure Business Growth - The infrastructure segment is benefiting from rising infrastructure spending in the U.S., particularly through the Road Zipper System, which addresses key needs such as congestion reduction and improved safety [3][4] - Road Zipper Systems are gaining global popularity due to their cost-effectiveness and faster implementation compared to new lane construction [4] - A $20 million Road Zipper project was completed in the second fiscal quarter, contributing to the segment's performance [5] Pessl Acquisition - Lindsay's acquisition of a 49.9% interest in Pessl is expected to enhance its capabilities in irrigation management [7] - The collaboration with Pessl aims to provide greater value to agricultural producers, leveraging both companies' expertise for improved crop management [8][9] Financial Position - As of February 29, 2024, Lindsay has a strong balance sheet with $236.7 million in available liquidity, including $186.7 million in cash and equivalents [9] - The company plans to continue investing in organic growth and synergistic acquisitions while enhancing shareholder returns [10] Strategic Management - Lindsay is implementing a comprehensive action plan to manage costs related to tariffs, focusing on supplier negotiations and supply chain initiatives [10][11] - The company aims to maintain flexibility in its operations to quickly adapt to changing circumstances [11] Stock Performance - Lindsay's shares have increased by 2% over the past year, contrasting with a 0.6% decline in the industry [12]
Lindsay (LNN) Moves to Strong Buy: Rationale Behind the Upgrade
ZACKS· 2025-04-07 17:00
Core Viewpoint - Lindsay (LNN) has received an upgrade to a Zacks Rank 1 (Strong Buy), indicating a positive outlook on its earnings estimates, which is a significant factor influencing stock prices [1][3]. Earnings Estimates and Stock Price Movement - The Zacks rating system is based on changes in earnings estimates, which are closely correlated with stock price movements [4][6]. - An increase in earnings estimates typically leads to higher fair value calculations by institutional investors, resulting in buying or selling actions that affect stock prices [4]. Recent Performance and Outlook - Lindsay's earnings estimates have been revised upward, with a 6.5% increase in the Zacks Consensus Estimate over the past three months, projecting earnings of $6.01 per share for the fiscal year ending August 2025, indicating no year-over-year change [8]. - The upgrade reflects an improvement in Lindsay's underlying business, which is expected to drive stock appreciation [5][10]. Zacks Rank System - The Zacks Rank system categorizes stocks into five groups based on earnings estimates, with Zacks Rank 1 stocks historically generating an average annual return of +25% since 1988 [7]. - Only the top 5% of Zacks-covered stocks receive a 'Strong Buy' rating, indicating superior earnings estimate revisions and potential for market-beating returns [9][10].
Lindsay Q2 Earnings Beat Estimates, Revenues Increase 23% Y/Y
ZACKS· 2025-04-04 17:05
Core Viewpoint - Lindsay Corporation reported strong financial results for the second quarter of fiscal 2025, with earnings per share significantly exceeding expectations and substantial year-over-year growth in both revenue and gross profit [1][2][3]. Financial Performance - Earnings per share for Q2 fiscal 2025 were $2.44, surpassing the Zacks Consensus Estimate of $1.89, marking a 49% increase year over year [1]. - Revenue reached $187 million, up from $152 million in the same quarter last year, exceeding the Zacks Consensus Estimate of $180 million [2]. - Gross profit increased by 27.7% to $62.5 million, with a gross margin of 33.4%, compared to 32.3% in the prior year [3]. Cost and Expenses - Operating revenues' cost rose by 21.5% year over year to $124.6 million, while operating expenses increased by 13.1% to $30 million [3]. - Operating income for the quarter was $32 million, up from $22 million in the previous year [3]. Segment Performance - The Irrigation segment's revenues grew by 11.3% to $148 million, with international revenues increasing by 42% to $71 million, while North American revenues fell by 7% to $77 million [4]. - The Infrastructure segment saw a remarkable 110% increase in revenues to $39 million, driven by the Road Zipper System project, with operating income rising to $13 million from $3.5 million a year ago [5]. Financial Position - As of the end of Q2 fiscal 2025, the company had cash and cash equivalents of approximately $172 million, up from $133 million a year earlier, with long-term debt remaining stable at around $115 million [6]. Future Outlook - The company anticipates that the strong performance of its Infrastructure business will contribute to full-year growth, particularly from the Road Zipper System, despite potential inflationary pressures on construction costs [7]. Stock Performance - Lindsay's shares have appreciated by 14.2% over the past year, outperforming the industry growth of 11.2% [8]. Zacks Rank - The company currently holds a Zacks Rank of 2 (Buy), indicating positive market sentiment [10].
Are Industrial Products Stocks Lagging Lindsay (LNN) This Year?
ZACKS· 2025-04-04 14:46
Group 1 - Lindsay is one of 192 companies in the Industrial Products group, which is currently ranked 8 within the Zacks Sector Rank [2] - The Zacks Rank is a stock-picking model that emphasizes earnings estimates and revisions, with Lindsay holding a Zacks Rank of 2 (Buy) [3] - Over the past three months, the Zacks Consensus Estimate for Lindsay's full-year earnings has increased by 6.5%, indicating improved analyst sentiment [3] Group 2 - Year-to-date, Lindsay has returned 9.3%, outperforming the Industrial Products sector, which has returned an average of -10.9% [4] - Lindsay belongs to the Manufacturing - Farm Equipment industry, which includes 7 companies and is currently ranked 49 in the Zacks Industry Rank, with an average gain of 3.9% this year [5] - Another outperforming stock in the Industrial Products sector is UniFirst, which has increased by 0.6% year-to-date [4]