Omaha, Neb. — Lindsay Corp. (LNN) on Thursday reported fiscal third-quarter profit of $25.1 million.
The Omaha-based company said it had net income of $2.28 per share.
The results surpassed Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of $1.57 per share.
The irrigation equipment maker posted revenue of $214.3 million in the period, which also topped Street forecasts. Three analysts surveyed by Zacks expected $185.9 million.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on LNN at https://www.zacks.com/ap/LNN