Plus   Neg

Lindsay Corporation Earnings Rise In Q2

Lindsay Corporation (LNN) announced a profit for its second quarter that rose compared to the same period last year.

The company said its bottom line rose to $5.98 million, or $0.56 per share. This was up from $5.01 million, or $0.47 per share, in last year's second quarter.

Analysts had expected the company to earn $0.58 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 5.0% to $130.34 million. This was up from $124.13 million last year.

Lindsay Corporation earnings at a glance:

-Earnings (Q2): $5.98 Mln. vs. $5.01 Mln. last year.
-Earnings Growth (Y-o-Y): 19.4%
-EPS (Q2): $0.56 vs. $0.47 last year.
-EPS Growth (Y-o-Y): 19.1%
-Analysts Estimate: $0.58
-Revenue (Q2): $130.34 Mln vs. $124.13 Mln last year.
-Revenue Change (Y-o-Y): 5.0%

For comments and feedback contact: editorial@rttnews.com

Follow RTT