Lindsay Corporation Reports Fiscal 2020 Third Quarter Results

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Lindsay (LNN) Tops Q3 EPS by 5c

July 2, 2020 6:46 AM EDT

Lindsay (NYSE: LNN) reported Q3 EPS of $0.93, $0.05 better than the analyst estimate of $0.88. Revenue for the quarter came in at $123.1 million versus the consensus estimate of $123.52 million.

Outlook

In North America, fourth quarter irrigation equipment demand is driven largely by storm damage replacement. The uncertainty of this demand combined with low commodity prices makes it... More