Lindsay (LNN) Tops Q2 EPS by 13c

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Lindsay Corporation Reports Fiscal 2022 Second Quarter Results

April 5, 2022 6:45 AM EDT

Second quarter consolidated revenues increase 39 percent to $200.1 million with EPS of $1.32 Irrigation revenues increase 52 percent on continued strength in agricultural markets and favorable pricing Infrastructure revenues decrease 23 percent on lower Road Zipper System® sales

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 second quarter of fiscal 2022, which ended on February 28, 2022.

Second Quarter Summary

Revenues for the second quarter of fiscal 2022 were $200.1 million, an... More