Lindsay Corporation (NYSE:LNN) Q3 2024 Earnings Conference Call June 27, 2024 11:00 AM ET Company Participants Randy Wood - President & CEO Brian Ketcham - CFO Conference Call Participants Ryan Connors - Northcoast Research Jon Braatz - Kansas City Capital Adam Farley - Stifel Blake Keating - William Blair Brett Kearney - American Rebirth Opportunity Partners Operator Hello, and welcome to the Lindsay Corporation Fiscal Third Quarter 2024 Earnings Conference Call. All participants will be in listen-only mod ...

3rd Quarter Fiscal 2024 Earnings Slide Deck Investors should understand that a number of factors could cause future economic and industry conditions and the Company's actual financial condition and results of operations to differ materially from management's beliefs expressed in the forward-looking statements contained in this presentation. These factors include those outlined in the "Risk Factors" section of the Company's most recent annual report on Form 10-K filed with the Securities and Exchange Commiss ...

Lindsay (LNN) reported $139.2 million in revenue for the quarter ended May 2024, representing a year-overyear decline of 15.4%. EPS of $1.41 for the same period compares to $1.53 a year ago. Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance. View all Key Company Metrics for Lindsay here>>> While investors scrutinize revenue and earnings ...

This quarterly report represents an earnings surprise of 12.80%. A quarter ago, it was expected that this irrigation equipment maker would post earnings of $1.52 per share when it actually produced earnings of $1.64, delivering a surprise of 7.89%. Lindsay, which belongs to the Zacks Manufacturing - Farm Equipment industry, posted revenues of $139.2 million for the quarter ended May 2024, missing the Zacks Consensus Estimate by 8.68%. This compares to year-ago revenues of $164.55 million. The company has to ...

Exhibit 99.1 18135 BURKE ST. OMAHA, NE 68022 TEL: 402-829-6800 FAX: 402-829-6836 Lindsay Corporation Reports Third Quarter Fiscal 2024 Results Infrastructure results support consolidated margin performance, partially offsetting global irrigation market softness OMAHA, Neb., June 27, 2024—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 on May 31, 2024. Key Highlights " ...

OMAHA, Neb., June 25, 2024 /PRNewswire/ -- Lindsay Corporation (NYSE: LNN), a leading global manufacturer and distributor of irrigation, infrastructure equipment and technology, recently installed its first TAU-XR Xpress Repair Crash Cushion, the latest innovation in its proven lineup of crash cushion systems. The TAU-XR is designed for swift installation and rapid repair, enhancing both efficiency and protection for road maintenance teams. As a severe-duty, low-maintenance crash cushion, it delivers except ...

Analysts on Wall Street project that Lindsay (LNN) will announce quarterly earnings of $1.25 per share in its forthcoming report, representing a decline of 18.3% year over year. Revenues are projected to reach $152.44 million, declining 7.4% from the same quarter last year. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days. This represents how the covering analysts, as a whole, have reassessed their initial estimates during this timeframe. Before a company reveals its e ...

Shares of this Zacks Rank #4 (Sell) company have lost 6.9% in the past year compared with the industry's decline of 10.3%. Image Source: Zacks Investment Research Low Commodity Prices to Weigh on Farm Income: The USDA (U.S. Department of Agriculture) projects net farm income at $116.1 billion for 2024, indicating a decline of 27.1% from that reported in 2023. Moreover, the estimated net farm income for 2024 is 1.7% below its 20-year average (2003-2022) of $118.2 billion. The decline has mainly been resultin ...

Lindsay Corporation (LNN) signed a multi-year supply agreement to provide Zimmatic irrigation systems and FieldNET remote management and scheduling technology in the Middle East and North Africa region. This move is part of a broader strategy to support localized food production in the region. The project is valued at more than $100 million in revenues. Pivot shipments for this project will commence in fourth-quarter fiscal 2024 and are scheduled to continue until 2025. FieldNET Advisor offers project-wide ...

Post this FieldNET Advisor provides meaningful insights on how to help growers maximize yields. OMAHA, Neb., May 16, 2024 /PRNewswire/ -- Lindsay Corporation (NYSE: LNN), a leading global manufacturer and distributor of irrigation and infrastructure equipment and technology, today announced enhancements to FieldNET Advisor™, its award-winning irrigation management solution. FieldNET Advisor simplifies irrigation decisions for growers, and now through advanced technology also improves the product's return on ...