Lindsay (LNN) came out with quarterly earnings of $1.57 per share, beating the Zacks Consensus Estimate of $1.34 per share. This compares to earnings of $1.36 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 17.16%. A quarter ago, it was expected that this irrigation equipment maker would post earnings of $1.04 per share when it actually produced earnings of $1.17, delivering a surprise of 12.50%.Over the last four quarters, th ...

Exhibit 99.1 18135 BURKE ST. OMAHA, NE 68022 TEL: 402-829-6800 FAX: 402-829-6836 Lindsay Corporation Reports Fiscal 2025 First Quarter Results Growth in international irrigation projects support consolidated revenue expansion OMAHA, Neb., January 7, 2025—Lindsay Corporation (NYSE: LNN), a leading global manufacturer and distributor of irrigation and infrastructure equipment and technology, today announced results for its first quarter of fiscal 2025 which ended on November 30, 2024. Key Highlights: "Our fir ...

Producers around the world benefit from strategic investment in agricultural solutionsOMAHA, Neb., Jan. 6, 2025 /PRNewswire/ -- Lindsay Corporation (NYSE: LNN), a leading global manufacturer and distributor of irrigation and infrastructure equipment and technology, today announced it has completed its acquisition of a 49.9 percent minority interest in Austria-based Pessl Instruments.The investment in Pessl, a global provider of advanced technology solutions, helps advance Lindsay's efforts to drive signific ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K (MARK ONE) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended August 31, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission File Number 1-13419 | --- | --- | |---------------------------------------------------------------------------------|------------------------------------------| | (Exact name of registr ...

Lindsay Corporation (NYSE:LNN) Q4 2024 Results Conference Call October 24, 2024 11:00 AM ET Company Participants Randy Wood - President & CEO Brian Ketcham - CFO Conference Call Participants Nathan Jones - Stifel Ryan Connors - Northcoast Research Partners Tyler Hutin - William Blair Brett Kearney - American Reber Opportunities Jon Braatz - Kansas City Capital Operator Good day, and welcome to the Lindsay Corporation Fiscal Fourth Quarter 2024 Earnings Conference Call. [Operator Instructions] This event is ...

Lindsay (LNN) came out with quarterly earnings of $1.17 per share, beating the Zacks Consensus Estimate of $1.04 per share. This compares to earnings of $1.74 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 12.50%. A quarter ago, it was expected that this irrigation equipment maker would post earnings of $1.25 per share when it actually produced earnings of $1.41, delivering a surprise of 12.80%.Over the last four quarters, th ...

movable Exhibit 99.1 18135 BURKE ST. OMAHA, NE 68022 TEL: 402-829-6800 FAX: 402-829-6836 Lindsay Corporation Reports Fourth Quarter and Fiscal Year 2024 Results Improved infrastructure results, steady demand in North America irrigation, and international irrigation project revenue help to partially offset market softness in Brazil OMAHA, Neb., October 24, 2024—Lindsay Corporation (NYSE: LNN), a leading global manufacturer and distributor of irrigation and infrastructure equipment and technology, today annou ...

TORONTO, Aug. 20, 2024 (GLOBE NEWSWIRE) -- Angus Gold (TSXV:GUS) ("Angus" or "the Company") is pleased to announce the appointment of Lindsay Dunlop as Vice President, Investor Relations effective August 19, 2024. Ms. Dunlop is an investor relations professional with over 15 years experience in communications, capital markets and finance primarily in the mining sector. Most recently she was the Vice President, Investor Relations at Wesdome Gold Mines from 2014 – 2024. During her tenure, she created and impl ...

Lindsay Corporation (LNN) delivered adjusted earnings per share of $1.41 in third-quarter fiscal 2024 (ended on May 31, 2024), beating the Zacks Consensus Estimate of $1.25. The bottom line fell 8% year over year. Operational Update The Irrigation segment's revenues fell 19% year over year to around $115 million in the fiscal third quarter. North America irrigation revenues decreased 9% from the year-ago quarter to $68 million due to lower unit sales volumes and reduced sales of replacement parts. Including ...

Financial Performance - Operating revenues for the three months ended May 31, 2024, were $139,199 thousand, a decrease of 15.4% compared to $164,553 thousand for the same period in 2023[7] - Gross profit for the nine months ended May 31, 2024, was $145,356 thousand, down 9.4% from $160,499 thousand in the prior year[7] - Net earnings for the three months ended May 31, 2024, increased to $20,379 thousand, compared to $16,881 thousand for the same period in 2023, representing a growth of 20.5%[8] - Basic earnings per share for the nine months ended May 31, 2024, was $4.86, a slight increase from $4.83 in the same period of 2023[7] - Net earnings for the nine months ended May 31, 2024, were $53,521 thousand, compared to $53,150 thousand for the same period in 2023, reflecting a growth of 0.7%[20] - Total comprehensive income for the nine months ended May 31, 2024, was $49,529 thousand, down from $52,016 thousand in the previous year, indicating a decrease of approximately 4.8%[20] Assets and Liabilities - Total assets as of May 31, 2024, were $758,101 thousand, an increase from $723,618 thousand as of May 31, 2023[11] - Total liabilities decreased to $278,105 thousand as of May 31, 2024, from $286,822 thousand as of May 31, 2023[11] - Shareholders' equity increased to $479,996 thousand as of May 31, 2024, compared to $436,796 thousand a year earlier, reflecting a growth of 9.9%[11] - Cash and cash equivalents increased to $140,221 thousand as of May 31, 2024, compared to $131,577 thousand a year earlier[11] - The balance of retained earnings increased to $678,261 thousand as of May 31, 2024, from $620,922 thousand as of May 31, 2023, representing a growth of 9.2%[20] Cash Flow and Dividends - Cash dividends paid increased to $11,557 thousand for the nine months ended May 31, 2024, compared to $11,228 thousand in the same period of 2023, representing a rise of 2.9%[20] - The company declared cash dividends of $0.35 per share for the three months ended May 31, 2024, up from $0.34 in the same period of 2023[7] - Operating activities provided net cash of $42,650 thousand for the nine months ended May 31, 2024, down from $59,168 thousand in the prior year, a decrease of 28.0%[20] Stock and Shareholder Actions - The company repurchased common stock amounting to $17,900 thousand during the nine months ended May 31, 2024, while there were no repurchases in the same period of the previous year[20] - As of May 31, 2024, the Company had repurchased 154 thousand shares for $17.9 million, with $46.0 million remaining available for future repurchases[66][67] Revenue Segments - Irrigation segment revenues decreased 19% to $114.8 million, while infrastructure segment revenues increased 11% to $24.4 million for the three months ended May 31, 2024[77] - The irrigation segment accounted for 83% of the Company's revenue during the three months ended May 31, 2024, down from 87% in the same period of 2023[87] - International irrigation revenues for the three months ended May 31, 2024, decreased by 31% to $46.6 million from $67.5 million in the same period in 2023[89] Tax and Regulatory Matters - The effective income tax rate for the three months ended May 31, 2024, was -1.0%, compared to 34.4% for the same period in 2023, due to a discrete tax benefit of $4.8 million recognized in Brazil[94] - The company recorded an income tax benefit of $0.2 million for the three months ended May 31, 2024, compared to an expense of $8.9 million in the same period of 2023[39] Market Conditions and Future Outlook - U.S. corn prices decreased approximately 24% and U.S. soybean prices decreased approximately 7% from May 2023 levels, impacting demand for irrigation equipment[80] - The USDA estimated 2024 U.S. net farm income to be $116.1 billion, a decrease of 26% from the forecasted 2023 level of $155.9 billion[80] - The Company announced a multi-year supply agreement for irrigation systems in the MENA region, valued at over $100 million, expected to be recognized from Q4 fiscal 2024 through Q1 fiscal 2026[82] Environmental and Legal Matters - The total environmental remediation liabilities as of May 31, 2024, amounted to $10,632,000, down from $12,300,000 on May 31, 2023, indicating a decrease of approximately 13.6%[61] - The company is involved in multiple product liability lawsuits related to its X-Lite® end terminal, which may lead to additional lawsuits in the future[53]