Lincoln Electric Holdings Inc expected to post earnings of $2.17 a share - Earnings Preview

Lincoln Electric Holdings

23/04/2024 16:28

* Lincoln Electric Holdings Inc  LECO.OQ   LECO.O  is
expected
to show a fall in quarterly revenue when it reports  results on
April 25 for the period ending March 31 2024
    * The Cleveland Ohio-based  company is expected to report a
0.0% decrease in revenue to $1.039 billion from $1.04 billion a
year ago, according to the mean estimate from 10 analysts, based
on LSEG data.
    * ​LSEG's mean analyst estimate for Lincoln Electric
Holdings Inc
is for earnings of $2.17 per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 6 "strong buy" or "buy," 4
"hold" and 3 "sell" or "strong sell."  
    * The mean earnings estimate of analysts had risen by
about 0.0%
in the last three months. ​
    * Wall Street's median 12-month price target for Lincoln
Electric
Holdings Inc is $241.00​, above​ its last closing price
of $235.16. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Dec. 31 2023  2.20        2.18       2.45      Beat    12.5
 Sep. 30 2023  2.25        2.25       2.40      Beat    6.7
 Jun. 30 2023  2.31        2.32       2.44      Beat    5.4​
 Mar. 31 2023  2.05        2.06       2.13      Beat    3.3
 ​​Dec.        1.90        1.90       1.94      Beat    2
 31 2022                                                
 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
 This summary was machine generated April 23 at 15:28 GMT.  All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)