Lindsay Corporation Reports Second Quarter Fiscal 2024 Results
Lindsay Corporation (LNN)
Last lindsay corporation earnings: 4/7 06:45 am
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US:NYSE Investor Relations:
lindsayir.com
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Source: Business Wire
Irrigation demand in North America remains stable while market activity in Brazil declines; infrastructure results deliver meaningful margin expansion OMAHA, Neb.--(BUSINESS WIRE)--Lindsay Corporation (NYSE: LNN), a leading global manufacturer and distributor of irrigation and infrastructure equipment and technology, today announced results for its second quarter ended on February 29, 2024.Key HighlightsTotal revenues decreased 9 percent to $151.5 million on lower irrigation revenuesIncreased Road Zipper System™ lease revenues support accretive sales mix shift and improved infrastructure resultsDiluted earnings per share of $1.64 compared to $1.63 in the prior year quarter“Demand for irrigation equipment in North America remained stable during our second quarter and in line with our expectations, supported by grower investment from the carryover impact of solid farm profits realized last year," said Randy Wood, President and Chief Executive Officer. "In Brazil, a significant drop i
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News
- Lindsay Upgrades FieldNET Advisor™ to Improve Irrigation Management [Yahoo! Finance]Yahoo! Finance
- Lindsay Upgrades FieldNET Advisor™ to Improve Irrigation ManagementPR Newswire
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- Which commissioner candidates have raised the most money? [Yahoo! Finance]Yahoo! Finance
- Lindsay Co. (NYSE: LNN) was downgraded by analysts at StockNews.com from a "buy" rating to a "hold" rating.MarketBeat
LNN
Earnings
- 4/4/24 - Beat
LNN
Sec Filings
- 4/4/24 - Form 10-Q
- 4/4/24 - Form 8-K
- LNN's page on the SEC website