Lindsay (LNN) Surpasses Q3 Earnings and Revenue Estimates

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]