Lindsay Corp Earnings: Miss on Both EPS and Revenue
Lindsay Corp (LNN) reported disappointing first-quarter results on April 2, 2026, missing analyst expectations on both earnings per share and revenue. The irrigation equipment manufacturer posted EPS of $1.15 versus the consensus estimate of $1.70, representing a significant miss of 32.43%.
The company’s earnings shortfall of $0.55 per share marked a substantial deviation from Wall Street projections. Revenue for the quarter totaled $157.7 million, falling short of the expected $173.1 million by 8.89%. This revenue miss of $15.4 million indicates weaker-than-anticipated demand across Lindsay’s business segments.
The 32.43% EPS miss suggests operational challenges beyond just revenue shortfalls, pointing to potential margin compression or higher-than-expected costs during the quarter. The $157.7 million in quarterly revenue represents the actual performance against analyst forecasts of $173.1 million.
This article is for informational purposes only and does not constitute investment advice. Past performance does not guarantee future results.