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Lindsay Corp. (LNN)
NYSE:LNN
Earnings Data
Report Date
Apr 03, 2025TBA Not Confirmed
Period Ending
2025 (Q2)Consensus EPS Forecast
1.89Last Year’s EPS
1.64Same Quarter Last Year
Based on 2 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Jan 07, 2025
|% Change Since: -0.90%
|Next Earnings Date:Apr 03, 2025
Earnings Call Sentiment|Neutral
Despite record earnings and strong international and infrastructure performance, the company faces challenges from declining North American irrigation revenues, tariff-induced cost increases, and uncertain market conditions in domestic markets.Company Guidance
During Lindsay Corporation's Fiscal Second Quarter 2025 earnings call, several key metrics were highlighted. Consolidated revenues rose by 23% to $187.1 million, with net earnings increasing by 47% to $26.6 million, or $2.44 per diluted share. The irrigation segment saw an 11% revenue increase, reaching $148.1 million, driven by a 42% rise in international irrigation markets. However, domestic irrigation revenues declined 7%. The infrastructure segment more than doubled its revenue to $38.9 million, largely due to a $20 million Road Zipper project. The company anticipates stable irrigation demand in North America, despite a challenging credit environment in Brazil. Additionally, the potential impact of new tariffs is expected to marginally increase costs, which Lindsay plans to offset by strategic supply chain management and pricing adjustments. The company’s liquidity stands at $236.7 million, including $186.7 million in cash and equivalents.Record Quarterly Net Earnings
The company achieved record quarterly net earnings, supported by a 23% increase in consolidated revenues to $187.1 million, and a 47% increase in net earnings to $26.6 million.
Strong Infrastructure Segment Performance
Infrastructure segment revenues more than doubled to $38.9 million, driven by the completion of a large Road Zipper system project valued at over $20 million. Segment operating income more than tripled to $13.3 million with a 34.1% operating margin.
International Irrigation Growth
International irrigation revenues increased by 42% to $71 million, driven by a large project in the MENA region and higher sales in the region.
New Product Approval
The company received FHWA approval for the new TAO XR Express Repair crash cushion, enhancing road safety and maintenance efficiency.
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LNN Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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LNN Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Apr 03, 2025 | $130.45 | $129.28 | -0.90% |
| Jan 07, 2025 | $117.32 | $119.46 | +1.82% |
| Oct 24, 2024 | $113.60 | $123.17 | +8.42% |
| Jun 27, 2024 | $112.24 | $128.36 | +14.36% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Lindsay Corp. (LNN) report earnings?
Lindsay Corp. (LNN) is schdueled to report earning on Apr 03, 2025, TBA Not Confirmed.
What is Lindsay Corp. (LNN) earnings time?
Lindsay Corp. (LNN) earnings time is at Apr 03, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is LNN EPS forecast?
LNN EPS forecast for the fiscal quarter 2025 (Q2) is 1.89.
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