Expectations trend
FY2028 · fiscal year ending 2028-08-31 · fmp
Lindsay Corporation (LNN)
NYSEMaterialsAgricultural - MachinerySnapshot 2026-11-04
$106.88-2.29%
Close 2026-11-05 · 1-day change
NYSEMaterialsAgricultural - MachinerySnapshot 2026-11-04
The long-term thesis, the evidence coming in, and the environment around it. Thesis dated Jul 8, 2026.
Next-FY EPS estimate change · 30 days
6.34 → 5.96 EPS · FY ending Aug 31, 2028 · 2 analysts
One observable signal. This measures changing earnings expectations, not the probability of a gain or loss.
Change in the same fiscal period’s mean EPS estimate from Oct 5, 2026 to Nov 4, 2026: (new ÷ prior − 1). Contributor count changed from 2 to 2; this is not the number of analysts revising. The ±10% axis is a display range.
The EPS and P/E reference is not available for LNN yet.
| Measure / period | Management expectations | Analyst expectations |
|---|
Management figures unavailable.
Current consensus figures unavailable.
4 published thesis conditions, with dated milestones shown separately.
| Key Factor | Why It Matters | Current Status | Break Condition | Latest Evidence |
|---|---|---|---|---|
Align cost structure to protect margins | A primary condition in Lindsay Corporation's published investment case. The stated target is stabilize or improve operating income above $13 million. | Intact | operating income falls below $13 million next year | Operating income: $15.793M FY2026-Q4; GAAP. Published target: stabilize or improve operating income above $13 million. Target period is not explicitly aligned with this observation. Oct 22, 202615,793,000 USD · source valueLast status assessment Nov 4, 2026Compare required operating outcomesCompare scope, accounting basis and period before treating this evidence as progress against an annual requirement. |
Compare these dated observations with the operating requirements above
FY2028 · fiscal year ending 2028-08-31 · fmp
The evidence, the remaining questions, and what comes next
No recovery evidence is reported in the available driver assessments.
Observed price history; separate from operating scenarios
The weekly editorial context below is a separate assessment from the dated monitor evidence above. Recovery observations do not automatically change the published thesis. Unverified outside influences are hypotheses, not measured driver evidence.
LNN is an industrial business with some project-based revenue and exposure to the Materials sector backdrop. Its long-term thesis is neither a clear turnaround nor a steady compounder today: momentum improved and the latest quarter included an earnings beat, but the broader evidence remains mixed.
Valuation is neutral in the evidence, with LNN trading at a 1.23 times peer premium and expectations generally aligned with the model. The priced-in tag is unjustified, but fragility is low, so the snapshot does not point to unusually concentrated downside expectations.
Near term, execution remains uneven: fiscal 2026 revenue fell to $635.9 million from $676.4 million, even as management delivered about $70 million of the $80 million MENA project and fourth-quarter infrastructure revenue rose year over year. Restructuring and lower fourth-quarter operating expenses show cost alignment, while recent momentum improved; however, the company has missed across recent quarters, and the next guidance update is a key risk.
The multi-year view depends on completing the MENA project, turning quarterly road safety growth into stronger full-year infrastructure results, and sustaining cost savings. Near term, a guidance cut would be a meaningful negative, while continued strength from Materials sector bellwethers could support the sector tailwind; weaker results or guidance from those companies could weaken it.
For the next 1 to 3 years, LNN has signs of improving execution but not yet a consistent growth record, and its neutral valuation leaves the thesis dependent on delivery and sector conditions. The evidence supports close attention to the next guidance and operating results. Not investment advice.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
Stated in 2 of 4 supplied quarters. Management reported: “We will take further actions to align our cost structure with current demand levels to protect margins and support future earnings as demand rebounds."” “We're managing the business with discipline through these headwinds so that we're well-positioned when financing conditions improve.”
Delivery assessment Nov 4, 2026Grow infrastructure revenue via road safety products | Infrastructure revenue grew 8% last quarter from road safety products. | Broken | infrastructure revenue growth falls below 0% YoY next year | Infrastructure revenue growth: 13.43% FY2026-Q4; reported segment. Published target: >=8% YoY growth in infrastructure revenue. Target period is not explicitly aligned with this observation. Oct 22, 202613.428455 percent · calculatedLast status assessment Nov 4, 2026Compare required operating outcomesCompare scope, accounting basis and period before treating this evidence as progress against an annual requirement. Management contextStated in 3 of 4 supplied quarters. Management reported: “The increase was driven by higher road safety product revenues, comparable Road Zipper lease revenues, both of which were partially offset by lower Road Zipper System revenues compared to the prior year.” ““In infrastructure, we anticipate continued growth in road safety products and while we continue to actively manage a robust pipeline of Road Zipper System projects, we do not expect to deliver a large project in fiscal 2026.”” Delivery assessment Nov 4, 2026 |
Recognize $70M revenue from MENA irrigation project | Lindsay is on track to deliver $70 million from a big irrigation project. | Improving | revenue from MENA irrigation project falls below $70 million in FY26 | Irrigation revenue: $133.742M FY2026-Q4; reported segment. Published target: >=70 million USD. Annual target cannot be compared with a quarterly or TTM observation. Oct 22, 2026133,742,000 USD · source valueLast status assessment Nov 4, 2026Compare required operating outcomesCompare scope, accounting basis and period before treating this evidence as progress against an annual requirement. Management contextStated in 2 of 4 supplied quarters. Management reported: “The increase was driven by higher road safety product revenues, comparable Road Zipper lease revenues, both of which were partially offset by lower Road Zipper System revenues compared to the prior year.” “We will continue delivery of the irrigation project in the MENA region and we expect to recognize approximately $70 million of revenue for the project in our current fiscal year.” Delivery assessment Nov 4, 2026 |
Complete $150M share buyback authorization | A supporting condition in Lindsay Corporation's published investment case. The stated target is >=150 million USD total repurchases. | Intact | total share repurchases fall short of $150 million in FY26 | Required source inputs unavailable Cannot calculate Share repurchases from the available matching source inputs. Missing inputs are not treated as zero. Date unavailableLast status assessment Nov 4, 2026Compare required operating outcomesCompare scope, accounting basis and period before treating this evidence as progress against an annual requirement. |
Stored thesis · Jul 8, 2026. Latest Evidence uses source-matched measurements where available, alongside the last thesis-monitor assessment. Source periods and assessment dates are shown separately. A new measurement does not automatically change the published status or verify an older target.
$6.34 → $5.96 · observed estimates
$0.67B → $0.64B · observed estimates
One fiscal period and provider throughout. At least five contributors are required for each plotted metric; missing coverage stays a gap. Axes show the observed range. Counts measure coverage, not revisions.
| Snapshot | EPS | Revenue | EPS / revenue analysts |
|---|---|---|---|
| 2026-09-01 | $6.34 | $669,776,667 | 2 / 3 |
| 2026-09-02 | $6.34 | $669,776,667 | 2 / 3 |
| 2026-09-03 | $6.34 | $669,776,667 | 2 / 3 |
| 2026-09-04 | $6.34 | $669,776,667 | 2 / 3 |
| 2026-09-05 | $6.34 | $669,776,667 | 2 / 3 |
| 2026-09-06 | $6.34 | $669,776,667 | 2 / 3 |
| 2026-09-07 | $6.34 | $669,776,667 | 2 / 3 |
| 2026-09-08 | $6.34 | $669,776,667 | 2 / 3 |
| 2026-09-09 | $6.34 | $669,776,667 | 2 / 3 |
| 2026-09-10 | $6.34 | $669,776,667 | 2 / 3 |
| 2026-09-11 | $6.34 | $669,776,667 | 2 / 3 |
| 2026-09-12 | $6.34 | $669,776,667 | 2 / 3 |
| 2026-09-13 | $6.34 | $669,776,667 | 2 / 3 |
| 2026-09-14 | $6.34 | $669,776,667 | 2 / 3 |
| 2026-09-15 | $6.34 | $660,165,000 | 2 / 3 |
| 2026-09-16 | $6.34 | $660,165,000 | 2 / 3 |
| 2026-09-17 | $6.34 | $660,165,000 | 2 / 3 |
| 2026-09-18 | $6.34 | $660,165,000 | 2 / 3 |
| 2026-09-19 | $6.34 | $660,165,000 | 2 / 3 |
| 2026-09-20 | $6.34 | $660,165,000 | 2 / 3 |
| 2026-09-21 | $6.34 | $660,165,000 | 2 / 3 |
| 2026-09-22 | $6.34 | $660,165,000 | 2 / 3 |
| 2026-09-23 | $6.34 | $660,165,000 | 2 / 3 |
| 2026-09-24 | $6.34 | $660,165,000 | 2 / 3 |
| 2026-09-25 | $6.34 | $660,165,000 | 2 / 3 |
| 2026-09-26 | $6.34 | $660,165,000 | 2 / 3 |
| 2026-09-27 | $6.34 | $660,165,000 | 2 / 3 |
| 2026-09-28 | $6.34 | $660,165,000 | 2 / 3 |
| 2026-09-29 | $6.34 | $660,165,000 | 2 / 3 |
| 2026-09-30 | $6.34 | $660,165,000 | 2 / 3 |
| 2026-10-01 | $6.34 | $660,165,000 | 2 / 3 |
| 2026-10-02 | $6.34 | $660,165,000 | 2 / 3 |
| 2026-10-03 | $6.34 | $660,165,000 | 2 / 3 |
| 2026-10-04 | $6.34 | $660,165,000 | 2 / 3 |
| 2026-10-05 | $6.34 | $660,165,000 | 2 / 3 |
| 2026-10-06 | $6.34 | $660,165,000 | 2 / 3 |
| 2026-10-07 | $6.34 | $660,165,000 | 2 / 3 |
| 2026-10-08 | $6.34 | $660,165,000 | 2 / 3 |
| 2026-10-09 | $6.34 | $660,165,000 | 2 / 3 |
| 2026-10-10 | $6.34 | $660,165,000 | 2 / 3 |
| 2026-10-11 | $6.34 | $660,165,000 | 2 / 3 |
| 2026-10-12 | $6.34 | $660,165,000 | 2 / 3 |
| 2026-10-13 | $6.34 | $660,165,000 | 2 / 3 |
| 2026-10-14 | $6.34 | $660,165,000 | 2 / 3 |
| 2026-10-15 | $6.34 | $660,165,000 | 2 / 3 |
| 2026-10-16 | $6.34 | $660,165,000 | 2 / 3 |
| 2026-10-17 | $6.34 | $660,165,000 | 2 / 3 |
| 2026-10-18 | $6.34 | $660,165,000 | 2 / 3 |
| 2026-10-19 | $6.34 | $660,165,000 | 2 / 3 |
| 2026-10-20 | $6.34 | $660,165,000 | 2 / 3 |
| 2026-10-21 | $6.34 | $660,165,000 | 2 / 3 |
| 2026-10-22 | $6.63 | $669,700,000 | 2 / 3 |
| 2026-10-23 | $6.05 | $634,750,000 | 2 / 3 |
| 2026-10-24 | $5.74 | $638,132,333 | 2 / 3 |
| 2026-10-25 | $5.74 | $638,132,333 | 2 / 3 |
| 2026-10-26 | $5.74 | $638,132,333 | 2 / 3 |
| 2026-10-27 | $5.74 | $638,132,333 | 2 / 3 |
| 2026-10-28 | $5.74 | $638,132,333 | 2 / 3 |
| 2026-10-29 | $5.74 | $638,132,333 | 2 / 3 |
| 2026-10-30 | $5.74 | $638,132,333 | 2 / 3 |
| 2026-10-31 | $5.96 | $638,132,333 | 2 / 3 |
| 2026-11-01 | $5.96 | $638,132,333 | 2 / 3 |
| 2026-11-02 | $5.96 | $638,132,333 | 2 / 3 |
| 2026-11-03 | $5.96 | $638,132,333 | 2 / 3 |
| 2026-11-04 | $5.96 | $638,132,333 | 2 / 3 |
Revenue and EPS estimates track expectations. They are not delivered results or like-for-like proof of a required annual path.
Latest: 1 Buy / Strong Buy · 3 Hold · 0 Sell / Strong Sell
Recent actions · Oct 6–Nov 4 · 1 recorded
0 raises · 1 cuts · 0 unchanged · 0 without a comparable prior
Oct 6, 2026–Nov 4, 2026. Each firm's latest positive target is paired only with its immediately prior positive target from the same provider, at most 180 days earlier. Unmatched observations have one dot; conflicting observations are not compared.
Next earnings date unavailable
Look for updated results and guidance against the published targets, plus direct evidence for unresolved drivers.
Review earnings4 of 4 published conditions remain under pressure or need verification. The next results need to address those conditions.
The dated weekly assessment and its assumptions are available in Read detailed Outlook.