Lindsay (NYSE: LNN ) is expected to report Q1 earnings on Jan. 8. 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 9.5% and EPS will expand 25.0%.
The average estimate for revenue is $130.5 million. On the bottom line, the average EPS estimate is $0.75.
Last quarter, Lindsay logged revenue of $127.8 million. GAAP reported sales were 10% higher than the prior-year quarter's $116.1 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 $0.68. GAAP EPS of $0.68 for Q4 were 48% higher than the prior-year quarter's $0.46 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 25.6%, 30 basis points worse than the prior-year quarter. Operating margin was 9.9%, 150 basis points better than the prior-year quarter. Net margin was 6.9%, 180 basis points better than the prior-year quarter.
The full year's average estimate for revenue is $591.3 million. The average EPS estimate is $4.13.
The stock has a five-star rating (out of five) at Motley Fool CAPS, with 306 members out of 336 rating the stock outperform, and 30 members rating it underperform. Among 86 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 79 give Lindsay a green thumbs-up, and seven 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 $67.00.
The rich are different than you and me: They might not notice the moneymaking stories right under our noses. In our new report, "Middle-Class Millionaire-Makers: 3 Stocks Wall Street's Too Rich to Notice," we give you three Peter Lynch-inspired buy-what-you-know stocks for the 99%. Click here for instant access to this free report.
- Add Lindsay to My Watchlist.