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Aug 31, 2020
Lindsay Q4 2020 Earnings Report
Lindsay's Q4 2020 earnings were reported, marked by revenue growth in both Irrigation and Infrastructure segments and improved EPS.
Key Takeaways
Lindsay Corporation reported a strong fourth quarter with revenues increasing by 26% to $128.4 million and EPS improving to $1.35. The company's performance was driven by growth in both the Irrigation and Infrastructure segments.
Fourth quarter revenues increased to $128.4 million.
EPS for the quarter improved to $1.35.
Irrigation and Infrastructure segments both experienced revenue growth in the fourth quarter.
Full year operating margin reached 11.4 percent.
Lindsay
Lindsay
Lindsay Revenue by Geographic Location
Revenue by Geographic Location
North America Revenue
CapyFin.comInternational Revenue
CapyFin.com Forward Guidance
Lindsay expects an improved outlook for North America irrigation equipment demand and continued growth in international irrigation. The infrastructure business is expected to continue its success.
Positive Outlook
- Recent increase in agricultural commodity prices.
- Additional government support payments to farmers.
- Improved outlook for North America irrigation equipment demand.
- Continued momentum in Brazil and other international markets.
- New agricultural development driven by heightened food security concerns.
Revenue & Expenses
Visualization of income flow from segment revenue to net income