Tuesday, Lindsay Corp. (LNN) said its first-quarter net earnings increased to $6.7 million or $0.53 per share from $6.3 million or $0.51 per share in the prior year period. On average, 8 analysts polled by Thomson Reuters expected the company to report earnings of $0.24 per share for the quarter.
Total revenues for the quarter decreased 24% to $86.0 million from $113.1 million in the comparable period. Six analysts estimated revenues of $77.38 million for the quarter.
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