Wedbush Remains Sidelined as Headwinds Hindered Linday Corp.'s (LNN) 1Q
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Piper Jaffray Raises PT on Lindaay Corp. (LNN) to $63 Following Mixed Q4
December 24, 2015 6:52 AM ESTPiper Jaffray Raised Price Target on Lindsay Corporation (NYSE: LNN) to $63.00 (from $59.00), but maintains an Underweight rating for the company. The raise in estimates comes following the mixed results in the November ending quarter where weak irrigation demand continues to weigh on top-line and margins. LNN reported mixed 4Q results, with an EPS of $0.62, which came in... 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
