Lindsay Corporation (NYSE: LNN) is set to report earnings this Thursday. Last quarter, the company beat revenue expectations by 1.6%, reporting $153.6 million in revenues, flat year on year. This quarter, analysts expect revenue to remain flat at $167.6 million, with adjusted earnings of $1.48 per share. Analysts have generally reconfirmed their estimates, with positive investor sentiment in the heavy machinery segment. Despite Lindsay missing revenue estimates three times in the last two years, share prices have risen 5.4% on average over the last month. The average analyst price target for Lindsay is $131, with the current share price at $124.19.
Read more at Stockstory.org – MarketWatch: Lindsay (LNN) Q4 Earnings: What To Expect
