LNN Stock Recent News

Lindsay's (LNN) Q2 top line reflects lower sales volume and average selling price in its Irrigation segment.

Although the revenue and EPS for Lindsay (LNN) give a sense of how its business performed in the quarter ended February 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

Lindsay (LNN) came out with quarterly earnings of $1.64 per share, beating the Zacks Consensus Estimate of $1.52 per share. This compares to earnings of $1.63 per share a year ago.

Lindsay (LNN) enters deal to acquire 49.9% stake in Pessl to expand global reach.

Looking beyond Wall Street's top -and-bottom-line estimate forecasts for Lindsay (LNN), delve into some of its key metrics to gain a deeper insight into the company's potential performance for the quarter ended February 2024.

Lindsay (LNN) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

OMAHA, Neb.--(BUSINESS WIRE)--Lindsay Corporation (NYSE: LNN), a leading global manufacturer and distributor of irrigation and infrastructure equipment and technology, today announced it plans to release financial results for its fiscal 2024 second quarter ended February 29, 2024 before the market opens on Thursday, April 4, 2024. Management, including Randy Wood, President and Chief Executive Officer, and Brian Ketcham, Senior Vice President and Chief Financial Officer, will host a conference.

Investors interested in Manufacturing - Farm Equipment stocks are likely familiar with Kubota Corp. (KUBTY) and Lindsay (LNN). But which of these two companies is the best option for those looking for undervalued stocks?

Lindsay Corporation's sales growth is expected to turn positive as Y/Y comparisons become easier and demand in the irrigation market improves. The company's margins are also expected to improve due to operating leverage from sales recovery and a higher mix of high-margin Road Zipper leasing revenues. Lindsay Corporation is currently trading at a discount compared to its historical averages, making it an attractive investment opportunity.

Lindsay's (LNN) first-quarter fiscal 2024 bottom and top lines fall year over year.