Lindsay Corporation Reports Fiscal 2015 Second Quarter Results

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Lindsay (LNN) PT, Estimates Lowered at Piper Jaffray

March 26, 2015 7:01 AM EDT

Piper Jaffray analyst Brett Wong lowered estimates and his price target on Underweight-rated Lindsay Corporation (NYSE: LNN) to $65.00 (from $67.00) following Q2 results.

Wong commented, "We are adjusting our model and revising our price target following lower than expected irrigation sales in the February... More

Lindaay Corp. (LNN) Misses Q2 EPS Views

March 25, 2015 7:01 AM EDT

Lindaay Corp. (NYSE: LNN) reported Q2 EPS of $0.75, $0.38 worse than the analyst estimate of $1.13. Revenue for the quarter came in at $141.1 million versus the consensus estimate of $156.65 million.

Backlog of unshipped orders at February 28, 2015 was $74.3 million compared with $89.3 million at February 28, 2014 and $68.3 million at November... More