118.94
price down icon0.75%   -0.845
 
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왜 Lindsay Corporation (LNN) 주가가 하락하고 있습니까?

2024-07-01 거래 세션 동안 Lindsay Corporation(LNN) 주식이 7.91% 하락한 것을 확인했습니다. 이는 정상적인 변동성이나 다양한 내부 및 외부 요인에 의한 것일 수 있지만, 상황을 적극적으로 모니터링하고 있으며 최대한 빨리 적시에 업데이트를 제공하도록 하겠습니다!
2023-10-20:

Shares of Lindsay Corporation (LNN) dropped by 5.69% from $122.58 to $115.61 in the trading on Friday, October 20, 2023. The reason why LNN stock down is due to its fourth-quarter results.

  • Earnings Decrease: Lindsay Corporation reported a profit of $5.80 million, or $0.53 per share, for the fourth quarter. This marked a decrease compared to the previous year's fourth quarter when the company had earned $14.67 million, or $1.35 per share.
  • Missed Analyst Estimates: The company's earnings of $0.53 per share fell short of analysts' expectations, which had anticipated earnings of $0.79 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.
  • Revenue Increase: Despite the earnings decline, Lindsay Corporation's revenue for the quarter rose by 19.7% to reach $153.65 million, up from $128.41 million in the previous year's fourth quarter. In summary, Lindsay Corporation's stock decline on October 20, 2023, was primarily attributed to its fourth-quarter results, which showed a decrease in earnings and missed analyst estimates, despite an increase in revenue compared to the previous year.
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