NYSE:LNNMachinery
Assessing Lindsay (LNN) Valuation After Softer Quarterly Earnings And Dividend Reaffirmation
Lindsay (LNN) shares have been reacting to the company’s first quarter earnings, which showed sales of US$155.82 million and net income of US$16.52 million, both below the comparable period last year.
See our latest analysis for Lindsay.
The recent first quarter results, along with a reaffirmed quarterly dividend and a new Chief Accounting Officer, come as Lindsay’s share price sits at US$124.72. The 7 day share price return is 5.21%, while the 1 year total shareholder return shows a 3.43%...