LINDSAY CORP — Form 8-K
Filed July 2, 2026 · analyzed by the 8-K Agent
8-K
▼ Likely negative
significance 42/100
What the filing says
Lindsay Corporation reported Q3 FY2026 (ended May 31, 2026) revenues of $160.8M (down 5% YoY from $169.5M), with operating income of $18.5M (down 22% from $23.8M) and diluted EPS of $1.53 (down 14% from $1.78). Irrigation segment revenues fell 7% to $133M due to weak North America demand and Brazil headwinds; Infrastructure segment grew 8% to $27.7M driven by road safety products. The company completed $80.7M in share repurchases YTD and maintains backlog of $136.1M (up from $117.1M YoY), boosted by the MENA irrigation project.
Why this rating
Meaningful 5% revenue and 22% profit decline signals real operational softness (irrigation demand weakening, margin compression from input costs). At $1.4B market cap, ~$8.7M revenue miss is ~0.6% of annual sales—material but not transformational. Share buybacks and MENA project provide offset. Ordinary quarterly miss in cyclical business, not going-concern event.
Extracted items
- 2.02 results / earnings
- 9.01 exhibits
View original filing on SEC.gov ↗
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