Construction & Farm Machinery & Heavy Trucks

Lindsay Corporation (NYSE: LNN) delivered adjusted earnings per share of $1.41 in third-quarter fiscal 2024 (ended on May 31, 2024), beating the Zacks Consensus Estimate of $1.25. The bottom line fell 8% year over year. Including an income tax credit of 44 cents per share, earnings per share in the...

Lindsay Corp's (NYSE: LNN) shares are trading higher by over 23% after it reported Q4 FY23 results. Lindsay, a global manufacturer and distributor of irrigation and infrastructure equipment and technology, reported revenue of $167.1 million, surpassing the consensus of $157.8 million...

Stifel analyst Nathan Jones downgraded Lindsay Corporation (NYSE: LNN) to Hold from Buy, lowering the price target to $135 from $146. Jones recently completed a Proprietary Irrigation Survey of 50 of Lindsay's domestic irrigation dealers, following which volumes are now...

B of A Securities raised the price target for Unity Software Inc. (NYSE: U) from $46 to $56. B of A Securities analyst Ryan Gee upgraded the stock from Neutral to Buy. Unity Software shares fell 3% to close at $35.71 on Thursday. Truist Securities boosted Vornado Realty Trust (NYSE: VNO) price...

Lindsay Corp (NYSE: LNN) said its Board of Directors increased the quarterly cash dividend to $0.35 per share, representing a 3% increase to the previous quarterly indicated rate of $0.34 per share. The dividend is payable on August 31, 2023, to shareholders of record at the close of...

Lindsay Corporation (NYSE: LNN) reported a third-quarter FY23 operating revenue decline of 23.2% year-over-year to $164.55 million, missing the consensus of $208.40 million. EPS of $1.53 missed the street view of $2.15 in the quarter under review. "While agricultural market...

Lindsay Corp (NYSE: LNN) increased its quarterly dividend by 3% to $0.34 from the previous quarterly indicated rate of $0.33 per share. The company's dividend of $0.34 is payable on August 31, 2022, to shareholders of record on August 17, 2022. Also Read: Lindsay Shares...

Lindsay Corp (NYSE: LNN) reported third-quarter FY22 operating revenue growth of 32% year-over-year to $214.3 million, beating the consensus of $188.95 million. EPS improved to $2.28 from $1.61 in 3Q21, above the consensus of $1.60. Gross margin expanded by 158 bps to 28.8%. The...

(Wednesday Market Open) Investors appeared a bit apprehensive about Federal Reserve Chairman Jerome Powell’s visit to Congress today as equity futures were down across the board in premarket action. Nasdaq futures had fallen as much as 2% before the open. Potential Market...

Pre-open movers U.S. stock futures traded lower in early pre-market trade after the Nasdaq Composite surged around 270 points in the previous session. Investors are awaiting earnings results from SMART Global Holdings, Inc. (NASDAQ: SGH) and Lindsay Corporation (NYSE: LNN). Data on...

Lindsay Corp (NYSE: LNN) established a strategic partnership with Blyncsy to accelerate connected roadway insights powered by artificial intelligence and machine learning. Lindsay also disclosed a minority investment in Blyncsy. Financial terms were not disclosed. The...

Lindsay Corp (NYSE: LNN) reported first-quarter FY22 operating revenue growth of 53.2% year-over-year to $166.15 million, beating the consensus of $140.41 million. EPS was $0.72 versus $0.65 last year. Net earnings were reduced by an after-tax LIFO impact of ~$4.5 million, or $0.41...

Keybanc cut Snap Inc. (NYSE: SNAP) price target from $90 to $85. Snap shares fell 20.6% to $59.61 in pre-market trading. UBS cut Intel Corporation (NASDAQ: INTC) price target from $73 to $58. Intel shares fell 9.9% to $50.48 in pre-market trading. Jefferies boosted GasLog Partners LP (NYSE:...

Gainers Digital World Acquisition Corp. (NASDAQ: DWAC) shares climbed 356.8% to close at $45.50 on Thursday following an announcement the company will merge with Trump Media & Technology Group. Portillo's Inc. (NASDAQ: PTLO) rose 45.5% to settle at $29.10 after the company priced its IPO...

Lindsay Corp (NYSE: LNN) reported fourth-quarter FY21 operating growth of 19.7% year-over-year to $153.65 million, beating the consensus of $141.88 million. Sales by segments: Irrigation $125.25 million (+62.6% Y/Y) and Infrastructure $28.39 million (-44.7% Y/Y). The increase in...