Lindsay Misses Q1 Targets, Stock Dips
Business & Finance News Today | 2 Min News | The Daily News Now! · The Daily News Now!
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Show Notes
Lindsays Q1 2026 results miss Wall Street targets, with a 15.7% revenue drop and EPS of $1.15, below expectations. Adjusted EBITDA missed estimates by 20% at $20.52 million, with operating margins shrinking to 8.3%. Despite a major project in MENA on schedule, the CEO remains cautious for team safety. Lindsays demand has cooled off, but theyve maintained profitability. Analysts predict 6.1% revenue growth and a 26.4% jump in full-year EPS. The stock dipped 5.1% to $111.13, raising questions for investors on a rebound timing.
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