Lindsay Q2 net earnings up 47% to $26.6M; EPS $2.44 beats prior year $1.64

LINDSAY CORP

2025-Q2 EPS reported $4.01 vs consensus $1.42 ▲ beat (+182.6%)

Revenue $187.1M (+23% YoY); operating income $32.1M (+45%); operating margin 17.2%.
Infrastructure revenue doubled to $38.9M on $20M+ Road Zipper System project; segment margin 34.1%.
Irrigation revenue +11% to $148.1M, driven by MENA project; North America down 7%.
Backlog $127M vs $94.2M a year ago, driven by large MENA irrigation project.
Tariff action plan: expects marginal COGS increase to be passed through via pricing.

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