Lindsay Corp Misses Q1 Targets, Shares Plummet
Business & Finance News Today | 2 Min News | The Daily News Now! · The Daily News Now!
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Show Notes
Lindsay Corporations first-quarter numbers disappoint, with revenue down 15.7% and earnings per share plummeting. Operating margins also took a hit, falling to 8.3%. Investors reacted harshly, sending shares down 9.6% and 13.1% since January. The stock is now 29% off its 52-week high. Despite Lindsays typically stable performance, this drop signals potential trouble. However, it could also present a buying opportunity if fundamentals shift.
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