We use cookies to understand how you use our site and to improve your experience.
This includes personalizing content and advertising.
By pressing "Accept All" or closing out of this banner, you consent to the use of all cookies and similar technologies and the sharing of information they collect with third parties.
You can reject marketing cookies by pressing "Deny Optional," but we still use essential, performance, and functional cookies.
In addition, whether you "Accept All," Deny Optional," click the X or otherwise continue to use the site, you accept our Privacy Policy and Terms of Service, revised from time to time.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Insights Into Lindsay (LNN) Q3: Wall Street Projections for Key Metrics
Read MoreHide Full Article
In its upcoming report, Lindsay (LNN - Free Report) is predicted by Wall Street analysts to post quarterly earnings of $1.36 per share, reflecting a decline of 3.6% compared to the same period last year. Revenues are forecasted to be $162.01 million, representing a year-over-year increase of 16.4%.
The consensus EPS estimate for the quarter has remained unchanged over the last 30 days. This represents how the covering analysts, as a whole, have reassessed their initial estimates during this timeframe.
Before a company reveals its earnings, it is vital to take into account any changes in earnings projections. These revisions play a pivotal role in predicting the possible reactions of investors toward the stock. Multiple empirical studies have consistently shown a strong association between trends in earnings estimates and the short-term price movements of a stock.
While investors usually depend on consensus earnings and revenue estimates to assess the business performance for the quarter, delving into analysts' forecasts for certain key metrics often provides a more comprehensive understanding.
That said, let's delve into the average estimates of some Lindsay metrics that Wall Street analysts commonly model and monitor.
According to the collective judgment of analysts, 'Operating revenues- Infrastructure segment' should come in at $25.75 million. The estimate indicates a change of +5.7% from the prior-year quarter.
It is projected by analysts that the 'Operating revenues- Irrigation segment' will reach $136.26 million. The estimate indicates a change of +18.7% from the prior-year quarter.
The collective assessment of analysts points to an estimated 'Operating income- Irrigation segment' of $21.41 million. Compared to the current estimate, the company reported $19.52 million in the same quarter of the previous year.
Analysts forecast 'Operating income- Infrastructure segment' to reach $4.74 million. The estimate compares to the year-ago value of $6.28 million.
Shares of Lindsay have experienced a change of -1.6% in the past month compared to the +0.5% move of the Zacks S&P 500 composite. With a Zacks Rank #3 (Hold), LNN is expected to mirror the overall market performance in the near future. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>>
See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
Image: Bigstock
Insights Into Lindsay (LNN) Q3: Wall Street Projections for Key Metrics
In its upcoming report, Lindsay (LNN - Free Report) is predicted by Wall Street analysts to post quarterly earnings of $1.36 per share, reflecting a decline of 3.6% compared to the same period last year. Revenues are forecasted to be $162.01 million, representing a year-over-year increase of 16.4%.
The consensus EPS estimate for the quarter has remained unchanged over the last 30 days. This represents how the covering analysts, as a whole, have reassessed their initial estimates during this timeframe.
Before a company reveals its earnings, it is vital to take into account any changes in earnings projections. These revisions play a pivotal role in predicting the possible reactions of investors toward the stock. Multiple empirical studies have consistently shown a strong association between trends in earnings estimates and the short-term price movements of a stock.
While investors usually depend on consensus earnings and revenue estimates to assess the business performance for the quarter, delving into analysts' forecasts for certain key metrics often provides a more comprehensive understanding.
That said, let's delve into the average estimates of some Lindsay metrics that Wall Street analysts commonly model and monitor.
According to the collective judgment of analysts, 'Operating revenues- Infrastructure segment' should come in at $25.75 million. The estimate indicates a change of +5.7% from the prior-year quarter.
It is projected by analysts that the 'Operating revenues- Irrigation segment' will reach $136.26 million. The estimate indicates a change of +18.7% from the prior-year quarter.
The collective assessment of analysts points to an estimated 'Operating income- Irrigation segment' of $21.41 million. Compared to the current estimate, the company reported $19.52 million in the same quarter of the previous year.
Analysts forecast 'Operating income- Infrastructure segment' to reach $4.74 million. The estimate compares to the year-ago value of $6.28 million.
View all Key Company Metrics for Lindsay here>>>
Shares of Lindsay have experienced a change of -1.6% in the past month compared to the +0.5% move of the Zacks S&P 500 composite. With a Zacks Rank #3 (Hold), LNN is expected to mirror the overall market performance in the near future. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>>