secwatch.observer — SEC 8-K summary
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Issuer:     LINDSAY CORP (LNN)
CIK:        0000836157
Form:       8-K
Filed at:   2021-10-21T23:59:59+00:00
Accession:  0001193125-21-303581
Event type: earnings
Sentiment:  negative
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Lindsay Q4 rev up 20% to $153.6M but EPS plunges to $0.53 on $4.5M LIFO hit
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- Net earnings $5.8M ($0.53 diluted) vs $14.7M ($1.35) prior year; after-tax LIFO impact of $4.5M ($0.41/share).
- Irrigation segment rev $125.3M (+63%); international irrigation rev $71.7M (+100% driven by Brazil, Middle East).
- Infrastructure rev $28.4M (-45%) due to absence of large prior-year Road Zipper System project in UK.
- Backlog of unfilled orders $149.1M at Aug 31, 2021 vs $58.7M a year ago, led by higher irrigation orders.
- Guidance: North America irrigation demand supported by multi-year-high ag commodity prices; infrastructure slower start but growth expected.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/836157/000119312521303581/0001193125-21-303581-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/836157/000119312521303581/d242858d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-21-303581

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