Lindsay (NYSE: LNN ) is expected to report Q4 earnings on Oct. 17. Here's what Wall Street wants to see:
The 10-second takeaway
Comparing the upcoming quarter to the prior-year quarter, average analyst estimates predict Lindsay's revenues will grow 9.9% and EPS will grow 63.0%.
The average estimate for revenue is $127.6 million. On the bottom line, the average EPS estimate is $0.75.
Last quarter, Lindsay booked revenue of $172.1 million. GAAP reported sales were 12% higher than the prior-year quarter's $153.4 million.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
Last quarter, EPS came in at $1.47. GAAP EPS of $1.47 for Q3 were 23% higher than the prior-year quarter's $1.20 per share.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
For the preceding quarter, gross margin was 28.5%, 150 basis points better than the prior-year quarter. Operating margin was 16.7%, 160 basis points better than the prior-year quarter. Net margin was 10.9%, 90 basis points better than the prior-year quarter.
The full year's average estimate for revenue is $551.0 million. The average EPS estimate is $3.77.
The stock has a four-star rating (out of five) at Motley Fool CAPS, with 309 members out of 340 rating the stock outperform, and 31 members rating it underperform. Among 78 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 69 give Lindsay a green thumbs-up, and nine give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Lindsay is hold, with an average price target of $68.00.
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