Lindsay Corporation (NYSE:LNN) is set to announce third quarter earning results on Thursday 2nd July 2020, before market open.
Analysts surveyed by Thomson Reuters are predicting, LNN to report 3Q20 income of $ 0.88 per share from revenue of $ 123.52 million.
For the full year, analysts anticipate top line of $ 451.03 million, while looking forward to income of $ 2.78 per share bottom line.
Stock Performance
According to the previous trading day, closing price of LNN was $ 90.60, representing a 26.08 % increase from the 52 week low of $ 71.86 and a 18.93 % decrease over the 52 week high of $ 111.76.
The company has a market capital of $ 981.63 million and is part of the Industrials sector and Farm & Construction Equipment industry.
Recent Stock Dividend Announcement
The board of directors has authorized quarterly dividend of $ 0.32 per share on April 6, 2020. The dividend were payable on May 29, 2020 to holders of record as of the close of business on May 15, 2020 and ex-dividend date on May 14, 2020.
Conference Call
Lindsay Corporation will be hosting a conference call at 11:00 AM eastern time on 2nd July 2020, to discuss its 3Q20 financial results with the investment community. The participants may dial, (833) 535-2202 Toll Free or (412) 902-6745 Toll Number in order to access the live audio call. A live webcast with presentations will be available on the Internet by visiting the Company website dpregister.com/10145138
Lindsay Corporation, together with its subsidiaries, provides water management and road infrastructure products and services in the United States and internationally. The companys Irrigation segment manufactures and markets center pivot, lateral move irrigation systems, and irrigation controls under the Zimmatic brand; hose reel travelers under the Perrot and Greenfield brands; and chemical injection systems, variable rate irrigation systems, flow meters, weather stations, soil moisture sensors, and remote monitoring and control systems under the GrowSmart brand. This segment also offers repair and replacement parts for irrigation systems and controls; and M2M communication technology solutions, data acquisition and management systems, and custom electronic equipment under the Elecsys brand.
