Lindsay Corporation Q4 adjusted earnings Miss Estimates

(RTTNews) - Lindsay Corporation (LNN) revealed earnings for fourth quarter that dropped from the same period last year.

The company's bottom line totaled $4.98 million, or $0.46 per share. This compares with $6.34 million, or $0.59 per share, in last year's fourth quarter.

Excluding items, Lindsay Corporation reported adjusted earnings of $4.55 million or $0.42 per share for the period.

Analysts had expected the company to earn $0.80 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter fell 6.6% to $123.27 million from $131.94 million last year.

Lindsay Corporation earnings at a glance:

-Analysts Estimate: $0.80 -Revenue (Q4): $123.27 Mln vs. $131.94 Mln last year.