Lindsay Corporation Reports Fiscal 2019 Third Quarter Results

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Lindsay (LNN) Misses Q3 EPS by 26c, Revenues Miss

July 9, 2019 6:49 AM EDT

Lindsay (NYSE: LNN) reported Q3 EPS of $0.50, $0.26 worse than the analyst estimate of $0.76. Revenue for the quarter came in at $121.1 million versus the consensus estimate of $129.51 million.

Low commodity prices and uncertainty regarding the outcome of trade negotiations continued to weigh on farmer sentiment and demand for irrigation equipment during... More