Lincoln Electric Holdings Inc expected to post earnings of $1.90 a share - Earnings Preview

Lincoln Electric Holdings

17/02/2023 14:14

* Lincoln Electric Holdings Inc  LECO.OQ   LECO.O  is
expected
to show a rise in quarterly revenue when it reports  results on
February 21. 
    * The Cleveland Ohio-based  company is expected to report  a
9.3% increase in revenue to $922.983 million from $844.25
million a year ago, according to the mean estimate from 8
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Lincoln Electric
Holdings
Inc is for earnings of $1.90 per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 6 "strong buy" or "buy," 5
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Lincoln
Electric
Holdings Inc is $170​, below​ its last closing price of $174.38.
​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Sep. 30 2022  1.90        1.95       2.04      Beat    4.4
 Jun. 30 2022  1.98        1.97       2.18      Beat    10.5
 Mar. 31 2022  1.66        1.67       2.10      Beat    26.1​
 Dec. 31 2021  1.58        1.57       1.61      Beat    2.6
 ​​Sep.        1.53        1.52       1.56      Beat    2.4
 30 2021                                                
 Jun. 30 2021  1.52        1.48       1.67      Beat    12.8​
 Mar. 31 2021  1.21        1.20       1.37      Beat    14
 Dec. 31 2020  1.07        1.06       1.24      Beat    16.5
 This summary was machine generated February 17 at 14:14 GMT. 
All figures in US dollars  unless otherwise stated