Construction & Farm Machinery & Heavy Trucks

Lindsay Corp's (NYSE: LNN) shares are trading higher by over 23% after it reported Q4 FY23 results. Lindsay, a global manufacturer and distributor of irrigation and infrastructure equipment and technology, reported revenue of $167.1 million, surpassing the consensus of $157.8 million...

Stifel analyst Nathan Jones downgraded Lindsay Corporation (NYSE: LNN) to Hold from Buy, lowering the price target to $135 from $146. Jones recently completed a Proprietary Irrigation Survey of 50 of Lindsay's domestic irrigation dealers, following which volumes are now...

B of A Securities raised the price target for Unity Software Inc. (NYSE: U) from $46 to $56. B of A Securities analyst Ryan Gee upgraded the stock from Neutral to Buy. Unity Software shares fell 3% to close at $35.71 on Thursday. Truist Securities boosted Vornado Realty Trust (NYSE: VNO) price...

Lindsay Corp (NYSE: LNN) said its Board of Directors increased the quarterly cash dividend to $0.35 per share, representing a 3% increase to the previous quarterly indicated rate of $0.34 per share. The dividend is payable on August 31, 2023, to shareholders of record at the close of...

Lindsay Corporation (NYSE: LNN) reported a third-quarter FY23 operating revenue decline of 23.2% year-over-year to $164.55 million, missing the consensus of $208.40 million. EPS of $1.53 missed the street view of $2.15 in the quarter under review. "While agricultural market...

Lindsay Corp (NYSE: LNN) increased its quarterly dividend by 3% to $0.34 from the previous quarterly indicated rate of $0.33 per share. The company's dividend of $0.34 is payable on August 31, 2022, to shareholders of record on August 17, 2022. Also Read: Lindsay Shares...

Lindsay Corp (NYSE: LNN) reported third-quarter FY22 operating revenue growth of 32% year-over-year to $214.3 million, beating the consensus of $188.95 million. EPS improved to $2.28 from $1.61 in 3Q21, above the consensus of $1.60. Gross margin expanded by 158 bps to 28.8%. The...

(Wednesday Market Open) Investors appeared a bit apprehensive about Federal Reserve Chairman Jerome Powell’s visit to Congress today as equity futures were down across the board in premarket action. Nasdaq futures had fallen as much as 2% before the open. Potential Market...

Pre-open movers U.S. stock futures traded lower in early pre-market trade after the Nasdaq Composite surged around 270 points in the previous session. Investors are awaiting earnings results from SMART Global Holdings, Inc. (NASDAQ: SGH) and Lindsay Corporation (NYSE: LNN). Data on...

Lindsay Corp (NYSE: LNN) established a strategic partnership with Blyncsy to accelerate connected roadway insights powered by artificial intelligence and machine learning. Lindsay also disclosed a minority investment in Blyncsy. Financial terms were not disclosed. The...

Lindsay Corp (NYSE: LNN) reported first-quarter FY22 operating revenue growth of 53.2% year-over-year to $166.15 million, beating the consensus of $140.41 million. EPS was $0.72 versus $0.65 last year. Net earnings were reduced by an after-tax LIFO impact of ~$4.5 million, or $0.41...

Keybanc cut Snap Inc. (NYSE: SNAP) price target from $90 to $85. Snap shares fell 20.6% to $59.61 in pre-market trading. UBS cut Intel Corporation (NASDAQ: INTC) price target from $73 to $58. Intel shares fell 9.9% to $50.48 in pre-market trading. Jefferies boosted GasLog Partners LP (NYSE:...

Gainers Digital World Acquisition Corp. (NASDAQ: DWAC) shares climbed 356.8% to close at $45.50 on Thursday following an announcement the company will merge with Trump Media & Technology Group. Portillo's Inc. (NASDAQ: PTLO) rose 45.5% to settle at $29.10 after the company priced its IPO...

Lindsay Corp (NYSE: LNN) reported fourth-quarter FY21 operating growth of 19.7% year-over-year to $153.65 million, beating the consensus of $141.88 million. Sales by segments: Irrigation $125.25 million (+62.6% Y/Y) and Infrastructure $28.39 million (-44.7% Y/Y). The increase in...

We might be witnessing the lower volume of quarterly earnings reports this week, but that only means we passed last quarter's report peak and we are getting ready for the June-quarter earnings season, which will hit us not long after the 4th of July. However, we do not lack many management...