Lindsay Corp. (LNN) Misses Q1 EPS Views
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Weighted average shares outstanding assuming dilution: -22.11M
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Lindsay Corp. (NYSE: LNN) reported Q1 EPS of $0.62, $0.14 worse than the analyst estimate of $0.76. Revenue for the quarter came in at $134.8 million versus the consensus estimate of $136.75 million.
Backlog of unshipped orders at November 30, 2014 was $68.3 million compared with $86.6 million at November 30, 2013 and $79.6 million at August 31, 2014. The current and prior year infrastructure backlog includes a $12.7 million Road Zipper System order for the Golden Gate Bridge which is expected to be recognized in revenue in fiscal 2015.
For earnings history and earnings-related data on Lindsay Corp. (LNN) click here.
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