BUZZ-Lindsay Corp falls after Q1 revenue miss

Reuters
01/08
BUZZ-Lindsay Corp falls after Q1 revenue miss

** Shares of agricultural equipment maker Lindsay Corp LNN.N fall 1.8% to $116.44 premarket

** Co posts Q1 revenue of $155.8 mln below analyst estimates of $166.81 mln, according to data compiled by LSEG

** Posts Q1 EPS of $1.54 vs $1.57 the year prior

** Attributes lower revenues to a challenging agricultural environment

** "In the U.S., farmer sentiment continues to reflect trade uncertainty, lower commodity prices and higher input costs," says President and CEO Randy Wood

** One of four brokerages rates the stock "strong buy", three "hold"; their median PT is $131 - LSEG data

** LNN had fallen 0.3% in 2025, marking its third straight year of declines

(Reporting by Avinash P in Bengaluru)

((Avinash.P@thomsonreuters.com))

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