Lindsay Corporation Reports Fiscal 2015 Fourth Quarter and Full Year Results

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Go back to Lindsay Corporation Reports Fiscal 2015 Fourth Quarter and Full Year Results

Piper Jaffray Cuts Price Target on Lindaay Corp. (LNN) to $59 Following EPS Miss

October 16, 2015 9:19 AM EDT

Piper Jaffray reiterated an Underweight rating on Lindsay Corporation (NYSE: LNN), and cut the price target to $59.00 (from $74.00), following the company's 4Q15 earnings results. LNN reported 4Q downside where EPS of ($0.28) was well below Street estimates of $0.55.

Analyst Brett Wong commented, "We are revising our... More

Lindaay Corp. (LNN) Misses Q4 EPS Views

October 15, 2015 6:46 AM EDT

Lindaay Corp. (NYSE: LNN) reported Q4 adjusted EPS of $0.42, $0.13 worse than the analyst estimate of $0.55. Revenue for the quarter came in at $123.5 million versus the consensus estimate of $129.07 million.

For earnings history and earnings-related data on Lindaay Corp. (LNN) click here.

... More