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Lindsay Corp (LNN)

LNN on New York Consolidated

81.32USD
28 Mar 2017
Change (% chg)

$1.38 (+1.73%)
Prev Close
$79.94
Open
$80.31
Day's High
$81.40
Day's Low
$79.49
Volume
102,985
Avg. Vol
104,019
52-wk High
$89.98
52-wk Low
$65.78

Latest Key Developments (Source: Significant Developments)

Lindsay enters into first amendment to credit agreement
Wednesday, 1 Mar 2017 04:53pm EST 

Lindsay Corp : On Feb. 28, co entered into first amendment to credit agreement dated Feb 18 . First amendment extends termination date from February 18, 2018 to February 28, 2020 .First amendment increases letter of credit sublimit from $10 million to $15 million.  Full Article

Lindsay Corp says CEO, Rick Parod, intends to retire
Wednesday, 8 Feb 2017 06:45am EST 

Lindsay Corp : Rick Parod to retire on December 1, 2017 to spend time with his family, travel and pursue other interests . Lindsay chief executive officer, Rick Parod, announces intention to retire . Board of directors has retained Spencer Stuart, a executive recruiting firm to assist in search for a CEO .Board will conduct a thorough search to identify a new CEO.  Full Article

Lindsay reports Q1 earnings per share $0.08
Wednesday, 21 Dec 2016 06:45am EST 

Lindsay Corp - : As agricultural down cycle extends, weakness in demand for irrigation equipment is expected to continue" . Backlog of unshipped orders at November 30, 2016 was $55.9 million compared with $61.9 million at november 30, 2015 . Lindsay corporation reports fiscal 2017 first quarter results . Q1 earnings per share $0.08 . Q1 revenue $110.4 million versus i/b/e/s view $119 million .Q1 earnings per share view $0.61 -- Thomson Reuters I/B/E/S.  Full Article

Lindsay Q4 earnings per share $0.73
Thursday, 13 Oct 2016 06:45am EDT 

Lindsay Corp : Lindsay corporation reports fiscal 2016 fourth quarter and full year results . Q4 earnings per share $0.73 . Q4 revenue $132.9 million versus i/b/e/s view $113.4 million . Q4 earnings per share view $0.41 -- Thomson Reuters I/B/E/S . Lindsay corp - backlog of unshipped orders at august 31, 2016 was $50.7 million compared with $48.0 million at august 31, 2015 . Lindsay Corp - "estimated record production for both corn and soybeans from fall harvest in u.s. Will continue downward pressure on commodity prices" .Lindsay Corp - "not expecting any meaningful improvement in overall irrigation market in fiscal 2017".  Full Article

Lindsay sets regular qtrly cash dividend of $0.29/shr
Thursday, 21 Jul 2016 06:45am EDT 

Lindsay Corp : Lindsay Corp says new quarterly cash dividend rate represents a 4% increase .Sets regular quarterly cash dividend of $0.29 per share.  Full Article

Lindsay Corp Q3 EPS $0.90
Thursday, 30 Jun 2016 06:45am EDT 

Lindsay Corp : Lindsay Corp says backlog of unshipped orders at may 31, 2016 was $61.2 million compared with $53.2 million at may 31, 2015 . Lindsay Corporation reports fiscal 2016 third quarter results . Q3 earnings per share $0.90 . Q3 revenue $141.3 million versus i/b/e/s view $147.5 million .Q3 earnings per share view $0.99 -- Thomson Reuters I/B/E/S.  Full Article

Lindsay Corp announces leadership changes
Monday, 4 Apr 2016 05:30pm EDT 

Lindsay Corp:Brian Ketcham joins Lindsay as Vice President and Chief Financial Officer.Says Ketcham will succeed Jim Raabe.  Full Article

Lindsay Corporation increases cash dividend and share repurchase authorization
Wednesday, 22 Jul 2015 07:58pm EDT 

Lindsay Corporation:Increases cash dividend and share repurchase authorization.Declared a regular quarterly cash dividend of $0.28 per share, payable August 31, 2015, to shareholders of record on August 17, 2015.Regular quarterly cash dividend of $0.28 per share, represents a 4% increase over the previous quarterly indicated rate of $0.27 per share.Says board approved a $100 million increase in its outstanding share repurchase authorization.  Full Article

Lindsay Corporation announces quarterly cash dividend
Thursday, 30 Apr 2015 04:05pm EDT 

Lindsay Corporation:Declares a regular quarterly cash dividend of $0.27 per share.Payable May 29 to shareholders of record on May 15.  Full Article

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BRIEF-Lindsay enters into first amendment to credit agreement

* On Feb. 28, co entered into first amendment to credit agreement dated Feb 18