Lindsay Corporation Q1 Income Advances 267%

(RTTNews) - Lindsay Corporation (LNN) released earnings for its first quarter that gained ground compared to the same period last year.

The company said its bottom line totaled $3.19 million, or $0.30 per share. This was higher than $0.87 million, or $0.08 per share, in last year's first quarter.

Analysts had expected the company to earn $0.36 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 12.8% to $124.53 million. This was up from $110.39 million last year.

Lindsay Corporation earnings at a glance:

-Earnings (Q1): $3.19 Mln. vs. $0.87 Mln. last year. -Earnings Growth (Y-o-Y): 266.7% -EPS (Q1): $0.30 vs. $0.08 last year. -EPS Growth (Y-o-Y): 275.0% -Analysts Estimate: $0.36 -Revenue (Q1): $124.53 Mln vs. $110.39 Mln last year. -Revenue Change (Y-o-Y): 12.8%