Lindsay Corporation Bottom Line Falls In Q4, misses estimates

(RTTNews) - Lindsay Corporation (LNN) announced earnings for fourth quarter that decreased from last year.

The company's profit came in at $5.80 million, or $0.53 per share. This compares with $14.67 million, or $1.35 per share, in last year's fourth quarter.

Analysts had expected the company to earn $0.79 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 19.7% to $153.65 million from $128.41 million last year.

Lindsay Corporation earnings at a glance:

-Earnings (Q4): $5.80 Mln. vs. $14.67 Mln. last year. -EPS (Q4): $0.53 vs. $1.35 last year. -Analysts Estimate: $0.79 -Revenue (Q4): $153.65 Mln vs. $128.41 Mln last year.