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Lindsay falls after Q2 revenue miss

ReutersApr 2, 2026 11:33 AM

Irrigation and infrastructure company Lindsay Corp LNN.N shares dip 5.7% to $110.50 pre-market

The firm reports Q2 revenue of $157.70 mln, below consensus of $171.39 mln according to data compiled by LSEG

"U.S. market conditions continue to put pressure on commodity prices and constrain demand for irrigation equipment," says LNN President and CEO Randy Wood

Credit availability constraints, persistent high interest rates in Brazil led to lower orders, company says

Adds that infrastructure revenue fell as a large Road Zipper System project from the prior year did not repeat

As of last close, stock down 0.61% YTD

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