LNN Stock Recent News
LNN LATEST HEADLINES
Lindsay (LNN) came out with quarterly earnings of $1.53 per share, missing the Zacks Consensus Estimate of $2.17 per share. This compares to earnings of $2.28 per share a year ago.
Lindsay Corporation's financial performance has improved, leading to an upgrade from a "sell" to a "hold" rating. Despite a drop in revenue, profitability has increased, with net income growing from $22.5 million to $36.3 million. The company's stock is still relatively expensive compared to similar firms, but not as much as it was last year.
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 third quarter ended May 31, 2023 before the market opens on Thursday, June 29, 2023. Executive Management, including Randy Wood, President and Chief Executive Officer, and Brian Ketcham, Senior Vice President and Chief Financial Officer, will host a conference call to.
OMAHA, Neb.--(BUSINESS WIRE)--Lindsay Corporation (NYSE: LNN), a leading global manufacturer and distributor of irrigation and infrastructure equipment and technology, announced today that Randy Wood, President and Chief Executive Officer, and Brian Ketcham, Senior Vice President and Chief Financial Officer, will present at the William Blair 43rd Annual Growth Stock Conference, being held June 6 - 8, 2023 at The Loews in Chicago, IL. Management's presentation is scheduled to begin on Tuesday, J.
Lindsay (LNN) benefits from the strong demand for irrigation equipment and Road Zipper System, offset by higher input costs.
Lindsay reported a sharp decline in revenue, but an increase in profits. Inflation and interest rates are cutting both ways for this irrigation specialist.
Lindsay (LNN) delivered earnings and revenue surprises of 13.99% and 11.36%, respectively, for the quarter ended February 2023. Do the numbers hold clues to what lies ahead for the stock?
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 second quarter ended February 28, 2023 before the market opens on Tuesday, April 4, 2023.
The company's revenue should benefit from increased farm income, drought conditions in North America, and Infrastructure Investment and Jobs Act (IIJA) funding. The margins should benefit from moderation in inflationary cost pressures and higher price realization.
Lindsay (LNN) launches a modernized Road Zipper Barrier Transfer Machine to ensure further safety and efficiency.