A Preview Of Lindsay's Earnings

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On Tuesday, April 06, Lindsay LNN will release its latest earnings report. Benzinga's outlook for Lindsay is included in the following report.

What Are Earnings, Net Income, And Earnings Per Share?

Earnings and especially earnings per share (EPS) are useful measures of a company's profitability. Total earnings, which is also referred to as net income, equals total revenue minus total expenses. EPS equals to net income divided by the number of shares outstanding.

Earnings And Revenue

Analysts expect Lindsay earnings of $0.86 per share. Revenue will likely be around $131.12 million, according to the consensus estimate. Lindsay reported a per-share profit of $0.51 when it published results during the same quarter last year. Sales in that period totaled $113.79 million.

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What Are Analyst Estimates And Earnings Surprises, And Why Do They Matter?

Wall Street analysts who study this company will publish analyst estimates of revenue and EPS. The averages of all analyst EPS and revenue estimates are called the "consensus estimates"; these consensus estimates can have a significant effect on a company's performance during an earnings release. When a company posts earnings or revenue above or below a consensus estimate, it has posted an "earnings surprise", which can really move a stock depending on the difference between actual and estimated values.

The Wall Street consensus estimate for earnings would represent a 68.63% increase for the company. Revenue would be up 15.23% from the same quarter last year. Here is how the company's reported EPS has stacked up against analyst estimates in the past:

Quarter Q1 2021 Q4 2020 Q3 2020 Q2 2020
EPS Estimate 0.75 0.99 0.88 0.45
EPS Actual 0.65 1.35 0.93 0.51
Revenue Estimate 113.07 M 116.92 M 123.52 M 112.58 M
Revenue Actual 108.48 M 128.41 M 123.11 M 113.79 M

Stock Performance

Shares of Lindsay were trading at $167.66 as of March 31. Over the last 52-week period, shares are up 73.97%. Given that these returns are generally positive, long-term shareholders can be satisfied going into this earnings release.

Do not be surprised to see the stock move on comments made during its conference call. Lindsay is scheduled to hold the call at 11:00:00 ET and can be accessed here.

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Posted In: EarningsBZI-EP
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