Stock Data
$2.72 (2.30%)
Asset Type
Common Stock
Exchange
NYSE
Currency
USD
Country
USA
Sector
INDUSTRIALS
Industry
FARM & HEAVY CONSTRUCTION MACHINERY
Lindsay Corporation specializes in water management and road infrastructure solutions worldwide. With a focus on innovation, it offers advanced irrigation systems, including center pivot and lateral move systems, under the Zimmatic brand, and a variety of irrigation controls. Beyond agriculture, Lindsay enhances road safety through its Road Zipper System, which optimizes highway space and improves traffic flow, alongside crash cushions and other safety barriers. Founded in 1955 and based in Omaha, Nebraska, Lindsay is committed to sustainable and efficient infrastructure and agricultural practices.
Lindsay's irrigation business contracted 7% as North American farmers held back amid high input costs, but a massive $70 million Middle East project and infrastructure strength delivered a 26.7% EPS beat at $1.53, forcing management to brace for continued softness in U.S. commodity prices.
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