Lindsay: Fiscal Q4 Earnings Snapshot

Associated Press Finance
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OMAHA, Neb. (AP) — OMAHA, Neb. (AP) — Lindsay Corp. (LNN) on Thursday reported fiscal fourth-quarter earnings of $19.2 million.

The Omaha, Nebraska-based company said it had net income of $1.74 per share.

The results surpassed Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of $1.15 per share.

The irrigation equipment maker posted revenue of $167.1 million in the period, which also topped Street forecasts. Four analysts surveyed by Zacks expected $161.1 million.

For the year, the company reported profit of $72.4 million, or $6.54 per share. Revenue was reported as $674.1 million.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on LNN at https://www.zacks.com/ap/LNN

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