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0 0.00583717357910921 0.0042242703533027 0.0047619047619048 0.00145929339477747 0.0018433179723503 0.0103686635944702 0.0175115207373272
Stock impact report

Lindsay (LNN) Q1 Earnings Beat Estimates, Revenues Miss [Yahoo! Finance]

Lindsay Corporation (LNN) 
Last lindsay corporation earnings: 4/7 06:45 am Check Earnings Report
US:NYSE Investor Relations: lindsayir.com
Company Research Source: Yahoo! Finance
The bottom line, however, declined 17.6% year over year. Lindsay generated revenues of $161.4 million, down 8.4% from the $176 million reported in the year-ago quarter. The top line missed the Zacks Consensus Estimate of $162.6 million. The company's backlog as of Nov 30, 2023, was around $87 million compared with roughly $130 million as of Nov 30, 2022. Our model predicted the backlog to be $96 million for the quarter. Lindsay Corporation Price, Consensus and EPS Surprise Lindsay Corporation price-consensus-eps-surprise-chart | Lindsay Corporation Quote Operational Update The cost of operating revenues decreased 9.5% year over year to around $111 million. The gross profit decreased 5.9% to roughly $50 million from the year-earlier quarter. The gross margin was 30.9% compared with the year-ago quarter's 30.1%. Operating expenses were around $29 million in the fiscal first quarter, up 1.4% year over year. Operating income was roughly $21 million, down from the prior-year Show less Read more
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