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Lindsay Q2 EPS Tops Estimates, But Revenues Miss
(RTTNews) - Lindsay Corp. (LNN) reported on Tuesday that net earnings for the second quarter increased to $18.05 million or $1.63 per share from $14.57 million or $1.32 per share in the prior-year quarter.
Total operating revenues for the quarter declined 17 percent to $166.24 million from $200.14 million in the same quarter last year.
On average, analysts polled by Thomson Reuters expected the company to report earnings of $1.53 per share on revenues of $188.27 million for the quarter. Analysts' estimates typically exclude special items.
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Lindsay To Invest Over $50 Mln In Next Two Years In Manufacturing Facility In Lindsay
Lindsay Corp. (LNN) announced Wednesday plans to invest more than $50 million over the next two years in its largest global manufacturing facility located in Lindsay, Nebraska.
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vor 566 Tagen
TSX Up More Than 2% On All-round Buying As Investors Bet On Fed Rate Cut Hopes
The Canadian market is up sharply on Tuesday with traders picking up stocks across the board, betting on hopes of an interest rate cut by the Federal Reserve next month.
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vor 17 Minuten
Swiss Market Ends Modestly Higher
The Switzerland market closed modestly higher on Tuesday after staying positive right through the day's trading session, with investors mostly reacting to the latest quarterly performance of big name companies.
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vor 51 Minuten
European Stocks Close Broadly Higher
European markets closed mostly higher on Tuesday, although gains in most of the markets were just marginal or modest, as investors stayed somewhat cautious, reacting to a mixed batch of economic data, and assessing the impact of steep U.S. tariffs on the global economy.
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vor 1Std 11 Minuten
U.S. Service Sector Growth Unexpectedly Slows In July
A report released by the Institute for Supply Management on Tuesday unexpectedly showed a modest slowdown in the pace of growth by U.S. service sector activity in the month of July. The ISM said its services PMI edged down to 50.1 in July from 50.8 in June. While a reading above 50 still indicates growth, economists had expected the index to rise to 51.5.
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vor 3Std 48 Minuten
U.S. Trade Deficit Narrows To $60.2 Billion In June As Imports Plunge
The U.S. trade deficit narrowed by slightly more than anticipated in the month of June, according to a report released by the Commerce Department on Tuesday. The Commerce Department said the trade deficit shrank to $60.2 billion in June from a revised $71.7 billion in May.
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vor 4Std 35 Minuten
U.S. Trade Deficit Narrows Slightly More Than Expected In June
The U.S. trade deficit narrowed by slightly more than anticipated in the month of June, according to a report released by the Commerce Department on Tuesday.
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vor 5Std 39 Minuten
Eurozone Private Sector Continues To Expand
Euro area private sector remained in the expansionary territory in July but the rate of growth remained sluggish as stagnant demand pulled back production, final survey results of the purchasing managers' survey by S&P Global showed on Tuesday. The HCOB composite output index rose to 50.9 in July from 50.6 in June. The flash reading was 51.0. A score above 50.0 indicates expansion.
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vor 5Std 42 Minuten
