Reports Q3 $1.53 v $1.41e, Rev $160.8M v $169Me; Notes US irrigation market conditions remain soft
Op margin 11.5% v 14.0% y/y - - Backlog $136.1M v $117.1M y/y - - - Outlook: “In the U.S., irrigation market conditions remain soft as growers await further trade certainty and an improvement in commodity prices. We expect Brazil to return to growth due to the solid drivers of secular demand that support investments in