Piper Jaffray Raises PT on Lindaay Corp. (LNN) to $63 Following Mixed Q4
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Wedbush Remains Sidelined as Headwinds Hindered Linday Corp.'s (LNN) 1Q
December 24, 2015 7:21 AM ESTWedbush reiterated a Neutral rating and $69.00 price target on Lindsay Corporation (NYSE: LNN), following the company's 1Q16 earnings report. Lower commodity prices and unfavorable FX continue to challenge Lindsays domestic and international irrigation businesses. While top-line sales of $121.6 million were approximately $7 million below estimates,... More
Lindaay Corp. (LNN) Tops Q1 EPS by 7c
December 23, 2015 6:48 AM ESTLindaay Corp. (NYSE: LNN) reported Q1 EPS of $0.62, $0.07 better than the analyst estimate of $0.55. Revenue for the quarter came in at $121.6 million versus the consensus estimate of $129.14 million.
Guidance:
Rick Parod, president and chief executive officer, commented, The irrigation... More
Trading Radar for 12/23: Lindsay Corp. (LNN), CSP, Inc. (CSPI) Report
December 22, 2015 2:23 PM ESTThe Trading Radar highlights key earnings and economic announcements for the next trading session:
Before Markets Open:
Economics:
7:00am EST
8:30am EST
Durable Goods - (0.7%)Durable Orders: ex trans. -... MoreWedbush Remains Sidelined Ahead of Lindsay Corp. (LNN) 1Q16 Report
December 22, 2015 8:01 AM ESTWedbush remains Neutral on Lindsay Corporation (NYSE: LNN), with a price target of $69.00, ahead of the company's 1Q16 earnings report. The company will report Q116 results on Wednesday, December 23rd at 11 am ET/8 am PT. Wedbush believes that there is a slightly... More
