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Lindsay Q2 EPS Tops Estimates, But Revenues Miss
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(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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Renewed Support Likely For Malaysia Stock Market
The Malaysia stock market has alternated between positive and negative finishes through the last four trading days since the end of the three-day losing streak in which it had fallen more than 15 points or 1 percent. The Kuala Lumpur Composite Index now sits just above the 1,525-point plateau although it's likely to bounce higher again on Tuesday.
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Japan Stock Market May Stop The Bleeding On Tuesday
The Japan stock market has moved lower in two straight sessions, tumbling almost 780 points or 1.8 percent along the way. The Nikkei 225 now sits just shy of the 40,300-point plateau although it's due for support on Tuesday.
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South Korea Inflation Rises 0.2% In July
Overall consumer prices in South Korea were up a seasonally adjusted 0.2 percent on month in July, Statistics Korea said on Tuesday.
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24 minit yang lalu
Australia Services Sector Accelerates In July
The services sector in Australia continued to expand in July, and at a faster pace, the latest survey from S&P Global revealed on Tuesday with a services PMI score of 54.1.
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29 minit yang lalu
KOSPI May Add To Monday's Gains
The South Korea stock market on Monday snapped the two-day slide in which it had stumbled more than 135 points or 3.9 percent. The KOSPI now sits just shy of the 3,150-point plateau and it may add to its winnings on Tuesday.
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BoJ Minutes On Tap For Tuesday
The Bank of Japan will on Tuesday release the minutes from its June 16-17 monetary policy meeting, highlighting a modest day for Asia-Pacific economic activity.
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Pound Eases Against Most Majors
The pound retreated against its most major counterparts in the New York session on Monday.
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3j 59min yang lalu