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Lindsay Corporation - LNN STOCK NEWS

Welcome to our dedicated news page for Lindsay Corporation (Ticker: LNN), a resource for investors and traders seeking the latest updates and insights on Lindsay Corporation.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Lindsay Corporation's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Lindsay Corporation's position in the market.

Rhea-AI Summary
Lindsay (LNN) declares a regular quarterly cash dividend of $0.35 per share, payable on May 31, 2024, to shareholders of record on May 17, 2024. With approximately 11.0 million shares outstanding, Lindsay continues to focus on rewarding its shareholders.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.54%
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dividends
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Rhea-AI Summary
Lindsay (NYSE: LNN) reports a 9% decrease in total revenues to $151.5 million for the second quarter of FY2024. Diluted earnings per share increased to $1.64 from $1.63 in the prior year quarter. The company highlights stable irrigation demand in North America but a decline in Brazil due to lower commodity prices. The Road Zipper System™ lease revenues support margin expansion in the infrastructure segment. Lindsay continues to invest in innovation and plans to expand its manufacturing facility with Industry 4.0 technologies.
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Rhea-AI Sentiment
End-of-Day
-0.75%
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Rhea-AI Summary
Lindsay (NYSE: LNN) has agreed to acquire a 49.9% minority interest in Pessl Instruments GmbH, a global provider of advanced agricultural technology solutions. This investment builds on their previous partnership and aims to enhance technology solutions for agricultural producers worldwide.
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Rhea-AI Sentiment
End-of-Day
-0.75%
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Rhea-AI Summary
Lindsay (NYSE: LNN) will release its fiscal 2024 second-quarter financial results on April 4, 2024. The conference call will be hosted by the management team led by Randy Wood, President, and CEO, and Brian Ketcham, CFO.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.26%
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Rhea-AI Summary
Lindsay Corporation (NYSE: LNN) plans to invest over $50 million in its largest global manufacturing facility in Lindsay, Neb. The investment aims to modernize the facility with Industry 4.0 technologies, expand the footprint, and enhance product quality. The company expects to accelerate innovation, improve efficiency, and achieve best-in-class performance and service.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.19%
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none
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Rhea-AI Summary
Lindsay Corporation (LNN) declared a regular quarterly cash dividend of $0.35 per share, payable on February 29, 2024, to shareholders of record at the close of business on February 15, 2024. As of January 2, 2024, Lindsay Corporation had approximately 11.0 million shares outstanding, traded on the New York Stock Exchange under the symbol LNN.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.27%
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dividends
Rhea-AI Summary
Lindsay Corporation (LNN) announced results for its first quarter, reporting North America irrigation revenue growth, improved demand for irrigation equipment, and stable irrigation equipment pricing. However, total revenues decreased by 8% to $161.4 million, with net earnings down by 18% to $15.0 million. International irrigation sales were lower, impacting operating income and margin. Infrastructure segment revenues decreased by 12% to $21.2 million, with a backlog of unfilled orders at $86.8 million.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
6.88%
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-
Rhea-AI Summary
Lindsay Corporation (NYSE: LNN) plans to release financial results for its fiscal 2024 first quarter on January 4, 2024. The company will host a conference call to discuss the results, with management including President and CEO Randy Wood and CFO Brian Ketcham. Interested investors can pre-register for the teleconference and access it via the company's website.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.83%
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-
Rhea-AI Summary
Lindsay Corporation declares quarterly cash dividend of $0.35 per share
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-5.69%
Tags
dividends
Rhea-AI Summary
Lindsay Corporation reports strong fourth-quarter earnings driven by growth in international irrigation markets and record revenues in Brazil. Full-year net earnings and earnings per share reach record levels. Free cash flow generation exceeds objectives.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
14.65%
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Lindsay Corporation

NYSE:LNN

LNN Rankings

LNN Stock Data

1.26B
10.94M
0.86%
99.29%
3.8%
Farm Machinery and Equipment Manufacturing
Manufacturing
Link
US
Omaha

About LNN

during the past 60 years, lindsay corporation has grown to become a global leader in providing innovative water management and road infrastructure products and services. as a pioneer in the field of center pivot and lateral move irrigation, lindsay's irrigation division has systems operating in more than 90 countries. our success results from finding highly efficient ways to irrigate crops on varied terrain and soils to increase yields and better utilize natural resources to meet rising population growth. lindsay’s industrial water solutions division is uniquely qualified to provide large agricultural investor clients with consultative engineering services, state-of-the-art equipment, water management telemetry systems and advanced controls – all through one dependable source. our infrastructure division, lindsay transportation solutions, is dedicated to producing a wide variety of high quality products to meet the needs of developed and emerging countries that must manage railways, wo