Lincoln Electric Holdings Inc expected to post earnings of $2.25 a share - Earnings Preview

Lincoln Electric Holdings

25/10/2023 19:31

* Lincoln Electric Holdings Inc  LECO.OQ   LECO.O  is
expected
to show a rise in quarterly revenue when it reports  results 
    * The Cleveland Ohio-based  company is expected to report  a
11.1% increase in revenue to $1.039 billion from $935.24 million
a year ago, according to the mean estimate from 10 analysts,
based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Lincoln Electric
Holdings
Inc is for earnings of $2.25 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 1 "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 $210​, above​ its last closing price of $168.00.
​​​

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 2023  2.31        2.32       2.44      Beat    5.4
 Mar. 31 2023  2.05        2.06       2.13      Beat    3.3
 Dec. 31 2022  1.90        1.90       1.94      Beat    2​
 Sep. 30 2022  1.90        1.95       2.04      Beat    4.4
 ​​Jun.        1.98        1.97       2.18      Beat    10.5
 30 2022                                                
 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
 This summary was machine generated October 25 at 18:31 GMT.  All
figures in US dollars  unless otherwise stated