Lindsay Corporation Reports Fiscal 2015 Third Quarter Results
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Piper Jaffray Raises Price Target on Lindaay Corp. (LNN) Following 3Q EPS Beat
June 26, 2015 8:50 AM EDTPiper Jaffray reiterates an Underweight rating on Lindsay Corporation (NYSE: LNN), and raised the price target to $74.00 (from $65.00), following 3Q results. EPS of $1.10 beat Street estimates of $0.80. International revenues fell well below model due to unfavorable FX and weakness in sales for key end markets.
Analyst... More
Lindsay Corp. (LNN) Tops Q3 EPS Expectations; Backlog at $53.2M
June 25, 2015 7:10 AM EDTLindsay Corp. (NYSE: LNN) reported Q3 EPS of $1.10, $0.29 better than the analyst estimate of $0.81. Revenue for the quarter came in at $160.7 million versus the consensus estimate of $153.7 million.
Irrigation equipment revenues totaled $131.3 million including $6.3 million of revenues from the recently acquired Elecsys Corporation, a 12 percent... More
