Lindsay (LNN) Tops Q1 EPS by 27c, Offers Outlook

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Go back to Lindsay (LNN) Tops Q1 EPS by 27c, Offers Outlook

Lindsay Corporation Reports Fiscal 2020 First Quarter Results

January 9, 2020 6:45 AM EST

Operating margin performance of 11.2 percent and EPS of $0.77 Irrigation operating income and margin improved on lower revenue Infrastructure delivers solid results on higher revenue and favorable margin mix

OMAHA, Neb.--(BUSINESS WIRE)-- Lindsay Corporation (NYSE: LNN), a leading global manufacturer and distributor of irrigation and infrastructure equipment and technology, today announced results for its first quarter of fiscal 2020, which ended on November 30, 2019.

First Quarter Summary

Revenues for the first quarter of fiscal 2020 were $109.4 million, a decrease of $2.6 million, or 2 percent,... More