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Lindsay Corp. (LNN)
: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 1 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Jan 07, 2025
|% Change Since: 8.75%
|Next Earnings Date:Apr 03, 2025
Earnings Call Sentiment|Positive
The call highlighted strong international irrigation growth and infrastructure margin expansion despite challenges in North American irrigation and Brazil's market. Positive developments in technology and large project acquisitions bolster optimism.Company Guidance
During the Lindsay Corporation's fiscal Q1 2025 earnings call, guidance highlighted several key metrics and strategic insights. The company reported a 3% increase in consolidated revenues, reaching $166.3 million, compared to $161.4 million in the same quarter of the previous year. This growth was primarily driven by a 37% year-over-year increase in international irrigation revenues, notably from a major project in the MENA region. In contrast, North American irrigation revenues saw a 13% decline. The Infrastructure segment experienced a 9% decrease in revenues due to timing differences in Road Zipper System lease revenue, though operating income in this segment rose by 14%, with an operating margin of 21.5%. The call also emphasized future growth prospects, including a $20+ million Road Zipper project expected to be delivered in Q2 and the strategic acquisition of a minority interest in Austria-based peso instruments, which is aimed at enhancing annual recurring revenue through expanded connected device capabilities.International Irrigation Revenue Growth
The international irrigation business delivered a 37% year-over-year revenue growth, driven by sales in the MENA region, with positive trends in Western Europe and Latin America.
Infrastructure Segment Margin Expansion
The Infrastructure segment saw an increase in operating margin to 21.5% from 17.1% in the prior year, driven by improved manufacturing efficiency and lower operating expenses.
Positive Financial Performance
Consolidated revenues increased by 3% to $166.3 million, and net earnings rose by 14% to $17.2 million. Earnings per share increased to $1.57 from $1.36 in the prior year.
Acquisition in Innovation and Technology
Closed a deal to acquire a minority interest in Austria-based peso instruments, adding capabilities to Field net and Field-wide platforms, with access to over 240,000 connected devices.
Large Road Zipper System Project
Finalized a $20+ million contract for a Road Zipper system project in the Northeast, expected to be delivered in Q2, supporting growth in the Infrastructure segment.
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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 |
|---|---|---|---|
| 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% |
| Apr 04, 2024 | $114.02 | $113.17 | -0.75% |
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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