Latest news with #Lindsay
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2 days ago
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Lindsay (LNN) Q3 Earnings: Taking a Look at Key Metrics Versus Estimates
For the quarter ended May 2025, Lindsay (LNN) reported revenue of $169.46 million, up 21.7% over the same period last year. EPS came in at $1.78, compared to $1.41 in the year-ago quarter. The reported revenue compares to the Zacks Consensus Estimate of $162.01 million, representing a surprise of +4.60%. The company delivered an EPS surprise of +30.88%, with the consensus EPS estimate being $1.36. While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health. As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately. Here is how Lindsay performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts: Operating revenues- Infrastructure segment: $25.72 million compared to the $25.75 million average estimate based on two analysts. The reported number represents a change of +5.6% year over year. Operating revenues- Irrigation segment: $143.75 million versus the two-analyst average estimate of $136.26 million. The reported number represents a year-over-year change of +25.2%. Operating income- Irrigation segment: $27.15 million versus the two-analyst average estimate of $21.41 million. Operating income- Corporate: -$8.79 million versus -$8.20 million estimated by two analysts on average. Operating income- Infrastructure segment: $5.43 million compared to the $4.74 million average estimate based on two analysts. View all Key Company Metrics for Lindsay here>>>Shares of Lindsay have returned -1.7% over the past month versus the Zacks S&P 500 composite's +5.1% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Lindsay Corporation (LNN) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
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2 days ago
- Business
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Lindsay (NYSE:LNN) Surprises With Strong Q2, Stock Soars
Agricultural and farm machinery company Lindsay (NYSE:LNN) reported Q2 CY2025 results exceeding the market's revenue expectations , with sales up 21.7% year on year to $169.5 million. Its GAAP profit of $1.78 per share was 26.7% above analysts' consensus estimates. Is now the time to buy Lindsay? Find out in our full research report. Revenue: $169.5 million vs analyst estimates of $162 million (21.7% year-on-year growth, 4.6% beat) EPS (GAAP): $1.78 vs analyst estimates of $1.41 (26.7% beat) Adjusted EBITDA: $30.91 million vs analyst estimates of $23.89 million (18.2% margin, 29.4% beat) Operating Margin: 14%, in line with the same quarter last year Free Cash Flow Margin: 15.1%, down from 18.5% in the same quarter last year Market Capitalization: $1.49 billion 'Continued strength in our international irrigation business, supported by ongoing project revenues in the MENA region, led to strong irrigation revenue growth for the quarter and a 22 percent increase in our overall revenues compared to last year," said Randy Wood, President and Chief Executive Officer. A pioneer in the field of center pivot and lateral move irrigation, Lindsay (NYSE:LNN) provides a variety of proprietary water management and road infrastructure products and services. Examining a company's long-term performance can provide clues about its quality. Any business can experience short-term success, but top-performing ones enjoy sustained growth for years. Thankfully, Lindsay's 8.6% annualized revenue growth over the last five years was decent. Its growth was slightly above the average industrials company and shows its offerings resonate with customers. We at StockStory place the most emphasis on long-term growth, but within industrials, a half-decade historical view may miss cycles, industry trends, or a company capitalizing on catalysts such as a new contract win or a successful product line. Lindsay's recent performance marks a sharp pivot from its five-year trend as its revenue has shown annualized declines of 1.4% over the last two years. Lindsay isn't alone in its struggles as the Agricultural Machinery industry experienced a cyclical downturn, with many similar businesses observing lower sales at this time. This quarter, Lindsay reported robust year-on-year revenue growth of 21.7%, and its $169.5 million of revenue topped Wall Street estimates by 4.6%. Looking ahead, sell-side analysts expect revenue to decline by 5.4% over the next 12 months, a deceleration versus the last two years. This projection doesn't excite us and suggests its products and services will see some demand headwinds. Software is eating the world and there is virtually no industry left that has been untouched by it. That drives increasing demand for tools helping software developers do their jobs, whether it be monitoring critical cloud infrastructure, integrating audio and video functionality, or ensuring smooth content streaming. Click here to access a free report on our 3 favorite stocks to play this generational megatrend. Lindsay has been an efficient company over the last five years. It was one of the more profitable businesses in the industrials sector, boasting an average operating margin of 12.9%. This result was particularly impressive because of its low gross margin, which is mostly a factor of what it sells and takes huge shifts to move meaningfully. Companies have more control over their operating margins, and it's a show of well-managed operations if they're high when gross margins are low. Analyzing the trend in its profitability, Lindsay's operating margin rose by 1.9 percentage points over the last five years, as its sales growth gave it operating leverage. In Q2, Lindsay generated an operating margin profit margin of 14%, in line with the same quarter last year. This indicates the company's cost structure has recently been stable. We track the long-term change in earnings per share (EPS) for the same reason as long-term revenue growth. Compared to revenue, however, EPS highlights whether a company's growth is profitable. Lindsay's EPS grew at an astounding 24.3% compounded annual growth rate over the last five years, higher than its 8.6% annualized revenue growth. This tells us the company became more profitable on a per-share basis as it expanded. We can take a deeper look into Lindsay's earnings to better understand the drivers of its performance. As we mentioned earlier, Lindsay's operating margin was flat this quarter but expanded by 1.9 percentage points over the last five years. This was the most relevant factor (aside from the revenue impact) behind its higher earnings; taxes and interest expenses can also affect EPS but don't tell us as much about a company's fundamentals. Like with revenue, we analyze EPS over a shorter period to see if we are missing a change in the business. For Lindsay, its two-year annual EPS growth of 4.1% was lower than its five-year trend. We hope its growth can accelerate in the future. In Q2, Lindsay reported EPS at $1.78, down from $1.85 in the same quarter last year. Despite falling year on year, this print easily cleared analysts' estimates. Over the next 12 months, Wall Street expects Lindsay's full-year EPS of $6.96 to shrink by 8.2%. We were impressed by how significantly Lindsay blew past analysts' EPS expectations this quarter. We were also excited its EBITDA outperformed Wall Street's estimates by a wide margin. Zooming out, we think this was a good print with some key areas of upside. The stock traded up 6.3% to $145.90 immediately after reporting. Indeed, Lindsay had a rock-solid quarterly earnings result, but is this stock a good investment here? The latest quarter does matter, but not nearly as much as longer-term fundamentals and valuation, when deciding if the stock is a buy. We cover that in our actionable full research report which you can read here, it's free. Sign in to access your portfolio
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2 days ago
- Business
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Lindsay (LNN) Surpasses Q3 Earnings and Revenue Estimates
Lindsay (LNN) came out with quarterly earnings of $1.78 per share, beating the Zacks Consensus Estimate of $1.36 per share. This compares to earnings of $1.41 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of +30.88%. A quarter ago, it was expected that this irrigation equipment maker would post earnings of $1.89 per share when it actually produced earnings of $2.44, delivering a surprise of +29.1%. Over the last four quarters, the company has surpassed consensus EPS estimates four times. Lindsay, which belongs to the Zacks Manufacturing - Farm Equipment industry, posted revenues of $169.46 million for the quarter ended May 2025, surpassing the Zacks Consensus Estimate by 4.60%. This compares to year-ago revenues of $139.2 million. The company has topped consensus revenue estimates four times over the last four quarters. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. Lindsay shares have added about 16% since the beginning of the year versus the S&P 500's gain of 3.6%. While Lindsay has outperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock? There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately. Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions. Ahead of this earnings release, the estimate revisions trend for Lindsay was mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. It will be interesting to see how estimates for the coming quarters and the current fiscal year change in the days ahead. The current consensus EPS estimate is $1.20 on $161.38 million in revenues for the coming quarter and $6.57 on $676.71 million in revenues for the current fiscal year. Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Manufacturing - Farm Equipment is currently in the bottom 32% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1. Avery Dennison (AVY), another stock in the broader Zacks Industrial Products sector, has yet to report results for the quarter ended June 2025. This maker of office products is expected to post quarterly earnings of $2.39 per share in its upcoming report, which represents a year-over-year change of -1.2%. The consensus EPS estimate for the quarter has been revised 0.2% lower over the last 30 days to the current level. Avery Dennison's revenues are expected to be $2.23 billion, down 0.1% from the year-ago quarter. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Lindsay Corporation (LNN) : Free Stock Analysis Report Avery Dennison Corporation (AVY) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Sign in to access your portfolio
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3 days ago
- Business
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Earnings To Watch: Lindsay (LNN) Reports Q2 Results Tomorrow
Agricultural and farm machinery company Lindsay (NYSE:LNN) will be announcing earnings results this Thursday morning. Here's what investors should know. Lindsay beat analysts' revenue expectations by 4% last quarter, reporting revenues of $187.1 million, up 23.5% year on year. It was an incredible quarter for the company, with a solid beat of analysts' organic revenue estimates and an impressive beat of analysts' EPS estimates. Is Lindsay a buy or sell going into earnings? Read our full analysis here, it's free. This quarter, analysts are expecting Lindsay's revenue to grow 16.4% year on year to $162 million, a reversal from the 15.4% decrease it recorded in the same quarter last year. Adjusted earnings are expected to come in at $1.41 per share. Analysts covering the company have generally reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. Lindsay has missed Wall Street's revenue estimates four times over the last two years. With Lindsay being the first among its peers to report earnings this season, we don't have anywhere else to look to get a hint at how this quarter will unravel for heavy machinery stocks. However, there has been positive investor sentiment in the segment, with share prices up 2.9% on average over the last month. Lindsay is down 1.1% during the same time and is heading into earnings with an average analyst price target of $139 (compared to the current share price of $138.22). Today's young investors likely haven't read the timeless lessons in Gorilla Game: Picking Winners In High Technology because it was written more than 20 years ago when Microsoft and Apple were first establishing their supremacy. But if we apply the same principles, then enterprise software stocks leveraging their own generative AI capabilities may well be the Gorillas of the future. So, in that spirit, we are excited to present our Special Free Report on a profitable, fast-growing enterprise software stock that is already riding the automation wave and looking to catch the generative AI next. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
3 days ago
- Business
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Earnings To Watch: Lindsay (LNN) Reports Q2 Results Tomorrow
Agricultural and farm machinery company Lindsay (NYSE:LNN) will be announcing earnings results this Thursday morning. Here's what investors should know. Lindsay beat analysts' revenue expectations by 4% last quarter, reporting revenues of $187.1 million, up 23.5% year on year. It was an incredible quarter for the company, with a solid beat of analysts' organic revenue estimates and an impressive beat of analysts' EPS estimates. Is Lindsay a buy or sell going into earnings? Read our full analysis here, it's free. This quarter, analysts are expecting Lindsay's revenue to grow 16.4% year on year to $162 million, a reversal from the 15.4% decrease it recorded in the same quarter last year. Adjusted earnings are expected to come in at $1.41 per share. Analysts covering the company have generally reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. Lindsay has missed Wall Street's revenue estimates four times over the last two years. With Lindsay being the first among its peers to report earnings this season, we don't have anywhere else to look to get a hint at how this quarter will unravel for heavy machinery stocks. However, there has been positive investor sentiment in the segment, with share prices up 2.9% on average over the last month. Lindsay is down 1.1% during the same time and is heading into earnings with an average analyst price target of $139 (compared to the current share price of $138.22). Today's young investors likely haven't read the timeless lessons in Gorilla Game: Picking Winners In High Technology because it was written more than 20 years ago when Microsoft and Apple were first establishing their supremacy. But if we apply the same principles, then enterprise software stocks leveraging their own generative AI capabilities may well be the Gorillas of the future. So, in that spirit, we are excited to present our Special Free Report on a profitable, fast-growing enterprise software stock that is already riding the automation wave and looking to catch the generative AI next.
