Insights Into Lindsay (LNN) Q2: Wall Street Projections for Key Metrics

Core Insights - Wall Street analysts expect Lindsay (LNN) to report quarterly earnings of $1.89 per share, reflecting a year-over-year increase of 15.2% [1] - Revenues are anticipated to reach $179.89 million, which is an 18.7% increase from the same quarter last year [1] - There has been a downward revision of 3.5% in the consensus EPS estimate over the past 30 days, indicating a reappraisal by analysts [1] Earnings Projections - Changes in earnings projections are crucial for predicting investor reactions to the stock [2] - Empirical studies show a strong correlation between earnings estimate trends and short-term stock price movements [2] Analyst Forecasts - Analysts predict 'Operating revenues- Infrastructure Segment' to be $39.58 million, indicating a year-over-year change of +113.9% [4] - The consensus estimate for 'Operating revenues- Irrigation Segment' is $140.32 million, suggesting a +5.5% year-over-year change [4] - 'Operating income- Irrigation Segment' is expected to reach $22.82 million, down from $25.65 million year-over-year [4] - 'Operating income- Infrastructure Segment' is projected at $10.85 million, compared to $3.51 million from the previous year [5] Stock Performance - Over the past month, shares of Lindsay have returned -4.1%, while the Zacks S&P 500 composite has seen a -6.2% change [5] - Lindsay currently holds a Zacks Rank 2 (Buy), suggesting potential outperformance in the near future [5]