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Stock impact report

Spotting Winners: Lindsay (NYSE:LNN) And Agricultural Machinery Stocks In Q3 [Yahoo! Finance]

Lindsay Corporation (LNN) 
Last lindsay corporation earnings: 4/7 06:45 am Check Earnings Report
US:NYSE Investor Relations: lindsayir.com
Company Research Source: Yahoo! Finance
Agricultural machinery companies are investing to develop and produce more precise machinery, automated systems, and connected equipment that collects analyzable data to help farmers and other customers improve yields and increase efficiency. On the other hand, agriculture is seasonal and natural disasters or bad weather can impact the entire industry. Additionally, macroeconomic factors such as commodity prices or changes in interest rates–which dictate the willingness of these companies or their customers to invest–can impact demand for agricultural machinery. The 5 agricultural machinery stocks we track reported a slower Q3. As a group, revenues missed analysts' consensus estimates by 1.9% while next quarter's revenue guidance was 11.1% below. Thankfully, share prices of the companies have been resilient as they are up 7.4% on average since the latest earnings results. A pioneer in the field of center pivot and lateral move irrigation, Lindsay (NYSE:LNN) provides a variety o Show less Read more
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