Benzinga | Apr 6, 2021 07:09AM EDT

Lindsay: Q2 Earnings Insights



Shares of Lindsay (NYSE:LNN) decreased 0.2% in pre-market trading after the company reported Q2 results.

Quarterly Results

Earnings per share were up 111.76% year over year to $1.08, which beat the estimate of $0.86.

Revenue of $143,577,000 higher by 26.18% year over year, which beat the estimate of $131,120,000.

Looking Ahead

Earnings guidance hasn't been issued by the company for now.

Revenue guidance hasn't been issued by the company for now.

Details Of The Call

Date: Apr 06, 2021

Time: 11:00 AM

ET Webcast URL: https://dpregister.com/DiamondPassRegistration/register?confirmationNumber=10153297&linkSecurityString=e511161d22

Recent Stock Performance

Company's 52-week high was at $173.68

Company's 52-week low was at $81.12

Price action over last quarter: Up 17.48%

Company Description

Lindsay Corp provides a variety of proprietary water management and road infrastructure products and services. It has operations which are categorized into two major reporting segments namely Irrigation, and Infrastructure. The company generates maximum revenue from Irrigation segment. Its Irrigation segment includes the manufacture and marketing of center pivot, lateral move, and hose reel irrigation systems, as well as various innovative technology solutions such as GPS positioning and guidance, variable rate irrigation, wireless irrigation management, M2M communication technology, and smartphone applications. Geographically, it derives a majority of revenue from the United States.