Agricultural and farm machinery company Lindsay (NYSE: LNN) will be announcing earnings results this Thursday before market hours. Here’s what you need to know.

Lindsay beat analysts’ revenue expectations by 4.6% last quarter, reporting revenues of $169.5 million, up 21.7% year on year. It was an incredible quarter for the company, with an impressive beat of analysts’ organic revenue estimates and a beat of analysts’ EPS estimates.

Is Lindsay a buy or sell going into earnings? Read our full analysis here, it’s free for active Edge members.

This quarter, analysts are expecting Lindsay’s revenue to decline 2.5% year on year to $151.1 million, improving from the 7.3% decrease it recorded in the same quarter last year. Adjusted earnings are expected to come in at $1.10 per share.

Analysts covering the company have generally reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. Lindsay has missed Wall Street’s revenue estimates three times over the last two years.

Looking at Lindsay’s peers in the heavy machinery segment, only PACCAR has reported results so far. It beat analysts’ revenue estimates by 0.6%, posting year-on-year sales declines of 19%.

Investors in the heavy machinery segment have had steady hands going into earnings, with share prices up 1.8% on average over the last month. Lindsay is down 8.2% during the same time and is heading into earnings with an average analyst price target of $143 (compared to the current share price of $128.85).

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