Besides Wall Street's top -and-bottom-line estimates for Lindsay (LNN), review projections for some of its key metrics to gain a deeper understanding of how the company might have fared during the quarter ended November 2024.
Lindsay Corporation (NYSE:LNN ) Q4 2024 Results Conference Call October 24, 2024 11:00 AM ET Company Participants Randy Wood - President & CEO Brian Ketcham - CFO Conference Call Participants Nathan Jones - Stifel Ryan Connors - Northcoast Research Partners Tyler Hutin - William Blair Brett Kearney - American Reber Opportunities Jon Braatz - Kansas City Capital Operator Good day, and welcome to the Lindsay Corporation Fiscal Fourth Quarter 2024 Earnings Conference Call. [Operator Instructions] This event is being recorded.
Lindsay (LNN) came out with quarterly earnings of $1.17 per share, beating the Zacks Consensus Estimate of $1.04 per share. This compares to earnings of $1.74 per share a year ago.
Lindsay Corporation operates as an infrastructure and irrigation-based business, with majority exposure in the US. LNN has increased dividend payouts for over 21 consecutive years, but the dividend growth rate has been lackluster. Financial performance shows revenue decreases due to its vulnerability around interest rates.
Lindsay's (LNN) Q3 top line reflects the impacts of lower sales in the Irrigation segment, offset by higher sales in the Infrastructure segment.
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 mode.
Although the revenue and EPS for Lindsay (LNN) give a sense of how its business performed in the quarter ended May 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 $1.41 per share, beating the Zacks Consensus Estimate of $1.25 per share. This compares to earnings of $1.53 per share a year ago.
Get a deeper insight into the potential performance of Lindsay (LNN) for the quarter ended May 2024 by going beyond Wall Street's top -and-bottom-line estimates and examining the estimates for some of its key metrics.
Lindsay (LNN) bears the brunt of supply-chain constraints and low commodity prices amid solid demand to replace aging equipment.
Lindsay (LNN) announces a $100-million irrigation project to address food security in the Middle East and North Africa region.