Lincoln Electric Holdings Inc expected to post earnings of $1.95 a share - Earnings Preview

Lincoln Electric Holdings

25/10/2022 19:37

* Lincoln Electric Holdings Inc  LECO.OQ   LECO.O  is
expected
to show a rise in quarterly revenue when it reports  results on
October 27. 
    * The Cleveland Ohio-based  company is expected to report  a
13.0% increase in revenue to $910.927 million from $806.45
million a year ago, according to the mean estimate from 7
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Lincoln Electric
Holdings
Inc is for earnings of $1.95 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 $145​, above​ its last closing price of $132.99.
​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 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. 30 2021  1.53        1.52       1.56      Beat    2.4
 ​​Jun.        1.52        1.48       1.67      Beat    12.8
 30 2021                                                
 Mar. 31 2021  1.21        1.20       1.37      Beat    14​
 Dec. 31 2020  1.07        1.06       1.24      Beat    16.5
 Sep. 30 2020  0.79        0.79       1.10      Beat    39.8
 This summary was machine generated October 25 at 18:36 GMT.  All
figures in US dollars  unless otherwise stated