Lincoln Electric Holdings Inc expected to post earnings of $1.97 a share - Earnings Preview

Lincoln Electric Holdings

26/07/2022 19:39

* Lincoln Electric Holdings Inc  LECO.OQ   LECO.O  is
expected
to show a rise in quarterly revenue when it reports  results on
July 28. 
    * The Cleveland Ohio-based  company is expected to report  a
13.7% increase in revenue to $939.346 million from $826.45
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 $1.97 per share. For the same quarter
last year, the company reported earnings of $1.67 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 $129.14.
​​​
    * Previous quarterly performance (using preferred earnings
measure
in US dollars). ​

 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Mar. 31 2022  1.66        1.67       2.10      Beat    26.1
 Dec. 31 2022  1.58        1.57       1.61      Beat    2.6
 Sep. 30 2021  1.53        1.52       1.56      Beat    2.4​
 Jun. 30 2021  1.52        1.48       1.67      Beat    12.8
 ​​Mar.        1.21        1.20       1.37      Beat    14
 31 2021                                                
 Dec. 31 2020  1.07        1.06       1.24      Beat    16.5​
 Sep. 30 2020  0.79        0.79       1.10      Beat    39.8
 Jun. 30 2020  0.35        0.36       0.80      Beat    120
 This summary was machine generated July 26 at 18:38 GMT.  All
figures in US dollars  unless otherwise stated