Earnings Outlook For Lindsay
Portfolio Pulse from Benzinga Insights
Lindsay (NYSE:LNN) is set to announce its latest quarterly earnings on June 29, 2023. Analysts estimate an EPS of $2.15. Last quarter, Lindsay beat EPS estimates by $0.10, but the share price dropped by 4.35% the next day. The company's shares were trading at $125.57 as of June 27, with a 52-week return of -5.32%.
June 28, 2023 | 2:02 pm
News sentiment analysis
Sort by:
Descending
NEGATIVE IMPACT
Lindsay is expected to announce its Q2 earnings on June 29. Despite beating EPS estimates last quarter, the share price dropped by 4.35%. The stock has been generally negative over the past 52 weeks.
Lindsay's stock price dropped despite beating EPS estimates last quarter, indicating that investors may be more focused on other factors such as guidance. The overall negative return over the past 52 weeks suggests a bearish sentiment among long-term shareholders.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100