Lindsay Q3 revenue up 22% to $169.5M; irrigation leads with 25% growth

LINDSAY CORP

2025-Q3 EPS reported $5.79 vs consensus $1.11 ▲ beat (+421.2%)

Total revenues $169.5M vs $139.2M YoY (+22%); operating income $23.8M (+19%).
Irrigation segment revenue $143.7M (+25%); international up 60% on MENA project.
North America irrigation flat (+1%); Brazil improving; infrastructure up 6%.
Net earnings $19.5M ($1.78 EPS) down 4% from prior year's $1.85 due to $4.8M tax credit in 2024.
Backlog $117.1M vs $205.9M as major MENA deliveries completed; outlook cautious on farm income.

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