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Lindsay Q3 2023 Earnings Report

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$122.61 -0.48 (-0.39%)
(As of 12/20/2024 04:33 PM ET)

Lindsay EPS Results

Actual EPS
$1.53
Consensus EPS
$2.14
Beat/Miss
Missed by -$0.61
One Year Ago EPS
$2.28

Lindsay Revenue Results

Actual Revenue
$164.60 million
Expected Revenue
$206.34 million
Beat/Miss
Missed by -$41.74 million
YoY Revenue Growth
-23.20%

Lindsay Announcement Details

Quarter
Q3 2023
Time
Before Market Opens

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Lindsay Earnings Headlines

Lindsay Australia Issues New Employee Incentive Securities
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Stifel Nicolaus Reaffirms Their Hold Rating on Lindsay (LNN)
Lindsay Corporation: Signs Of Improvement Justify An Upgrade
See More Lindsay Headlines
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About Lindsay

Lindsay (NYSE:LNN), together with its subsidiaries, provides water management and road infrastructure products and services in the United States and internationally. It operates in two segments, Irrigation and Infrastructure. The Irrigation segment manufactures and markets center pivot, lateral move irrigation systems, and irrigation controls under the Zimmatic brand; hose reel travelers under the Perrot brand; and chemical injection systems, variable rate irrigation systems, flow meters, weather stations, soil moisture sensors, and remote monitoring and control systems. It also offers repair and replacement parts for its irrigation systems and controls, and diameter steel tubing; global positioning system positioning and guidance, variable rate irrigation, wireless irrigation management, irrigation scheduling, and smartphone applications; and industrial Internet of Things technology solutions, data acquisition and management systems, and custom electronic equipment for applications under the Elecsys brand. The Infrastructure segment provides Road Zipper System comprised of T-shaped concrete and steel barriers, barrier transfer machine, and variable length barriers which are used for highway reconstruction, paving and resurfacing, road widening, median and shoulder construction, and repairs to tunnels and bridges. Additionally, it offers redirective and non-redirective crash cushions to enhance highway safety at locations such as toll booths, freeway off-ramps, medians and roadside barrier ends, bridge supports, utility poles, and other fixed roadway hazards; specialty barriers; preformed tape and road safety accessory products, as well as rail products, such as signals and lights, structures, foundations, junction boxes, and signs. Lindsay Corporation was founded in 1955 and is headquartered in Omaha, Nebraska.

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