Lindsay Corp beats Q1 earnings estimates despite revenue decline
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jan 16 2024
0mins
Should l Buy LNN?
Source: Benzinga
Lindsay Corporation's stock rose by 6.69% today, crossing above the 5-day SMA, amid mixed market conditions with the Nasdaq-100 down 0.56% and the S&P 500 slightly up by 0.01%.
The increase in stock price is attributed to Lindsay Corporation's Q1 earnings report, which revealed earnings of $16.5 million, exceeding analyst expectations of $1.48 per share. Despite a year-over-year revenue decline of 6.3%, the earnings beat indicates effective cost control measures, boosting investor confidence. This performance suggests that the company is navigating challenging market conditions effectively.
Investors will be closely monitoring Lindsay's ability to address the declining revenue trend and optimize operational strategies to ensure future profitability and growth potential.
Trade with 70% Backtested Accuracy
Stop guessing "Should I Buy LNN?" and start using high-conviction signals backed by rigorous historical data.
Sign up today to access powerful investing tools and make smarter, data-driven decisions.
Analyst Views on LNN
Wall Street analysts forecast LNN stock price to rise
2 Analyst Rating
0 Buy
2 Hold
0 Sell
Hold
Current: 117.630
Low
128.00
Averages
128.00
High
128.00
Current: 117.630
Low
128.00
Averages
128.00
High
128.00
About LNN
Lindsay Corporation is a global manufacturer and distributor of irrigation and infrastructure equipment and technology. The Company operates through two segments: Irrigation and Infrastructure. The Company’s Irrigation segment includes the manufacture and marketing of center pivot, lateral move, and hose reel irrigation systems which are used principally in the agricultural industry to increase or stabilize crop production while conserving water, energy and labor. Its family of irrigation brands includes Zimmatic center pivot and lateral move agricultural irrigation systems, FieldNET and FieldWise remote irrigation management technology, FieldNET Advisor irrigation scheduling technology, and industrial IoT solutions. The Company’s Infrastructure segment includes the manufacture and marketing of moveable barriers, specialty barriers and crash cushions, road marking and road safety equipment, and railroad signals and structures.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
Lindsay Corporation Announces Q2 FY2026 Earnings Release Schedule
- Earnings Release Schedule: Lindsay Corporation plans to release its financial results for the second quarter of fiscal 2026 on April 2, 2026, before the market opens, reflecting its ongoing performance in the irrigation and infrastructure equipment sectors.
- Management Conference Call: The management team will host a conference call at 11:00 AM ET on the same day to discuss the financial results, which is expected to attract investor interest and enhance market transparency.
- Participant Registration Convenience: Investors can pre-register for the conference call via a provided link, ensuring they receive the dial-in number and PIN for an improved participation experience on the day of the call.
- Live Streaming and Replay: The conference call will be simulcast live on the company's website, with replays available post-earnings release, ensuring that investors who cannot attend in real-time can still access critical information.
See More
Lindsay Corp Stock Enters Oversold Territory
- Oversold Indicator Analysis: Lindsay Corp (LNN) has an RSI of 27.9, falling below the oversold threshold of 30, indicating that recent selling pressure may be nearing exhaustion, attracting investor interest.
- Price Volatility Impact: On Monday, LNN shares traded as low as $118.11, contrasting with the current $125.38 share price and an annualized dividend of $1.48 (yielding 1.18%), providing dividend investors with a higher yield opportunity.
- Dividend History Consideration: While dividends are not always predictable, investors should examine Lindsay's dividend history to assess the likelihood of continued payouts, enabling more informed investment decisions.
- Market Sentiment Shift: With the average RSI of dividend stocks at 43.9, LNN's low RSI may entice bullish investors to seek entry points, reflecting a potential shift in market sentiment.
See More
Lindsay Unveils Road Runner™ Truck-Mounted Attenuator for Enhanced Safety
- Innovative Safety Design: Lindsay's Road Runner™ Truck-Mounted Attenuator meets MASH TL-3 standards and is constructed from heavy-gauge aluminum, enabling it to withstand accidental side impacts from guardrails and concrete barriers, significantly reducing maintenance costs and improving reliability.
- Rapid Deployment Capability: The device deploys and stows in under 30 seconds, with a vertical storage design that frees up truck bed space while simplifying hydraulic systems and minimizing points of failure, thus enhancing operational efficiency.
- Safety-First Features: The Road Runner™ is designed to ensure no interference with arrow boards, protects taillights, and allows easy access for routine maintenance, thereby enhancing safety in work zones and ensuring worker protection.
- Industry Benchmark Advancement: Lindsay's Vice President Cole Hansen stated that the launch of the Road Runner™ represents a significant advancement for the industry, addressing customer needs and setting a new standard for roadway safety.
See More
Lindsay Unveils AlphaGuard™ Channelizing Device for Infrastructure Safety
- Product Launch: Lindsay Corporation introduces the AlphaGuard™ channelizing device, engineered to meet the evolving demands of safety and infrastructure management, suitable for construction sites, crowd management, and temporary traffic direction, showcasing its flexibility and efficiency in both emergency and everyday applications.
- Material and Design Benefits: Constructed from UV- and impact-resistant Medium Density Polyethylene (MDPE), the device is lightweight and can be filled with water for added stability, ensuring excellent performance in rapid deployment and repeated use across various environments.
- Functionality and Convenience: Each 32-inch tall unit features multiple integrated drain plugs for quick fill and release, along with a forklift-ready design for easy handling and modular setups, significantly enhancing safety in construction zones, pedestrian walkways, and outdoor dining areas.
- Market Showcase and Strategic Importance: AlphaGuard will be showcased at the 2026 ATSSA in Houston, reflecting Lindsay's ongoing innovation in infrastructure safety, aiming to meet the high demand for speed and reliability through durable, reusable, and cost-effective solutions.
See More
Nuance Investments Increases Holdings in Lindsay Corporation
- Increased Holdings: Nuance Investments boosted its stake in Lindsay Corporation by 133,190 shares during Q4 2025, with an estimated transaction value of $16.03 million, indicating confidence in the company despite its underperformance over the past year.
- Ownership Proportion Rise: This acquisition raised Lindsay's share to 2.32% of Nuance Investments' assets, reflecting the fund's recognition of Lindsay's growth potential, particularly in the ongoing demand within agriculture and infrastructure sectors.
- Market Performance Analysis: Lindsay's stock has surged 20% over the past three months, showcasing resilience amid market concerns over AI disruption, as its asset-heavy nature attracts investor interest in volatile conditions.
- Financial Health Overview: With a market capitalization of $1.43 billion and annual revenue of $665.90 million, Lindsay maintains a strong market position in agriculture and transportation infrastructure, making it a solid investment choice despite its cyclical nature.
See More
Pier Capital Fully Exits Lindsay Position with $10.09 Million Sale
- Share Sale Overview: On February 3, Pier Capital disclosed in an SEC filing that it fully exited its position in Lindsay by selling 71,799 shares for an estimated $10.09 million, indicating a cautious outlook on the company's future performance.
- Asset Management Impact: The Lindsay stake represented approximately 1.58% of Pier Capital's AUM in the previous quarter, and its liquidation brings the stake to zero, reflecting uncertainty in the agricultural market outlook.
- Financial Performance Analysis: Lindsay reported revenue of $155.8 million for the most recent fiscal quarter, down 6% year-over-year, with irrigation revenue declining by 9%, despite a 17% increase in infrastructure revenue, highlighting market demand volatility.
- Capital Return Strategy: The company repurchased approximately $30 million in stock during the quarter and authorized a new $150 million buyback program, although backlog sharply decreased from $168.2 million to $119.2 million, raising concerns about future project deliveries.
See More
Lindsay Corporation Announces Q2 FY2026 Earnings Release Schedule
- Earnings Release Schedule: Lindsay Corporation plans to release its financial results for the second quarter of fiscal 2026 on April 2, 2026, before the market opens, reflecting its ongoing performance in the irrigation and infrastructure equipment sectors.
- Management Conference Call: The management team will host a conference call at 11:00 AM ET on the same day to discuss the financial results, which is expected to attract investor interest and enhance market transparency.
- Participant Registration Convenience: Investors can pre-register for the conference call via a provided link, ensuring they receive the dial-in number and PIN for an improved participation experience on the day of the call.
- Live Streaming and Replay: The conference call will be simulcast live on the company's website, with replays available post-earnings release, ensuring that investors who cannot attend in real-time can still access critical information.
See More
Lindsay Corp Stock Enters Oversold Territory
- Oversold Indicator Analysis: Lindsay Corp (LNN) has an RSI of 27.9, falling below the oversold threshold of 30, indicating that recent selling pressure may be nearing exhaustion, attracting investor interest.
- Price Volatility Impact: On Monday, LNN shares traded as low as $118.11, contrasting with the current $125.38 share price and an annualized dividend of $1.48 (yielding 1.18%), providing dividend investors with a higher yield opportunity.
- Dividend History Consideration: While dividends are not always predictable, investors should examine Lindsay's dividend history to assess the likelihood of continued payouts, enabling more informed investment decisions.
- Market Sentiment Shift: With the average RSI of dividend stocks at 43.9, LNN's low RSI may entice bullish investors to seek entry points, reflecting a potential shift in market sentiment.
See More
Lindsay Unveils Road Runner™ Truck-Mounted Attenuator for Enhanced Safety
- Innovative Safety Design: Lindsay's Road Runner™ Truck-Mounted Attenuator meets MASH TL-3 standards and is constructed from heavy-gauge aluminum, enabling it to withstand accidental side impacts from guardrails and concrete barriers, significantly reducing maintenance costs and improving reliability.
- Rapid Deployment Capability: The device deploys and stows in under 30 seconds, with a vertical storage design that frees up truck bed space while simplifying hydraulic systems and minimizing points of failure, thus enhancing operational efficiency.
- Safety-First Features: The Road Runner™ is designed to ensure no interference with arrow boards, protects taillights, and allows easy access for routine maintenance, thereby enhancing safety in work zones and ensuring worker protection.
- Industry Benchmark Advancement: Lindsay's Vice President Cole Hansen stated that the launch of the Road Runner™ represents a significant advancement for the industry, addressing customer needs and setting a new standard for roadway safety.
See More
Lindsay Unveils AlphaGuard™ Channelizing Device for Infrastructure Safety
- Product Launch: Lindsay Corporation introduces the AlphaGuard™ channelizing device, engineered to meet the evolving demands of safety and infrastructure management, suitable for construction sites, crowd management, and temporary traffic direction, showcasing its flexibility and efficiency in both emergency and everyday applications.
- Material and Design Benefits: Constructed from UV- and impact-resistant Medium Density Polyethylene (MDPE), the device is lightweight and can be filled with water for added stability, ensuring excellent performance in rapid deployment and repeated use across various environments.
- Functionality and Convenience: Each 32-inch tall unit features multiple integrated drain plugs for quick fill and release, along with a forklift-ready design for easy handling and modular setups, significantly enhancing safety in construction zones, pedestrian walkways, and outdoor dining areas.
- Market Showcase and Strategic Importance: AlphaGuard will be showcased at the 2026 ATSSA in Houston, reflecting Lindsay's ongoing innovation in infrastructure safety, aiming to meet the high demand for speed and reliability through durable, reusable, and cost-effective solutions.
See More
Nuance Investments Increases Holdings in Lindsay Corporation
- Increased Holdings: Nuance Investments boosted its stake in Lindsay Corporation by 133,190 shares during Q4 2025, with an estimated transaction value of $16.03 million, indicating confidence in the company despite its underperformance over the past year.
- Ownership Proportion Rise: This acquisition raised Lindsay's share to 2.32% of Nuance Investments' assets, reflecting the fund's recognition of Lindsay's growth potential, particularly in the ongoing demand within agriculture and infrastructure sectors.
- Market Performance Analysis: Lindsay's stock has surged 20% over the past three months, showcasing resilience amid market concerns over AI disruption, as its asset-heavy nature attracts investor interest in volatile conditions.
- Financial Health Overview: With a market capitalization of $1.43 billion and annual revenue of $665.90 million, Lindsay maintains a strong market position in agriculture and transportation infrastructure, making it a solid investment choice despite its cyclical nature.
See More
Pier Capital Fully Exits Lindsay Position with $10.09 Million Sale
- Share Sale Overview: On February 3, Pier Capital disclosed in an SEC filing that it fully exited its position in Lindsay by selling 71,799 shares for an estimated $10.09 million, indicating a cautious outlook on the company's future performance.
- Asset Management Impact: The Lindsay stake represented approximately 1.58% of Pier Capital's AUM in the previous quarter, and its liquidation brings the stake to zero, reflecting uncertainty in the agricultural market outlook.
- Financial Performance Analysis: Lindsay reported revenue of $155.8 million for the most recent fiscal quarter, down 6% year-over-year, with irrigation revenue declining by 9%, despite a 17% increase in infrastructure revenue, highlighting market demand volatility.
- Capital Return Strategy: The company repurchased approximately $30 million in stock during the quarter and authorized a new $150 million buyback program, although backlog sharply decreased from $168.2 million to $119.2 million, raising concerns about future project deliveries.
See More
