Lindsay (LNN) Misses Q4 EPS by 26c

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Lindsay Corporation Reports Fiscal 2021 Fourth Quarter and Full Year Results

October 21, 2021 6:45 AM EDT

Improved demand for irrigation equipment continued in the fourth quarter across all geographies Fourth quarter irrigation revenues increase 63 percent to $125.3 million Fourth quarter infrastructure revenues decline 45 percent compared to record results in prior year Fourth quarter net earnings reduced by after-tax LIFO impact of $4.5 million, or $0.41 per diluted share

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 fourth quarter and fiscal year, which ended on August 31,... More