Lincoln Electric Holdings Inc expected to post earnings of $2.32 a share - Earnings Preview

Lincoln Electric Holdings

25/07/2023 16:41

* Lincoln Electric Holdings Inc  LECO.OQ   LECO.O  is
expected
to show a rise in quarterly revenue when it reports  results on
July 27. 
    * The Cleveland Ohio-based  company is expected to report  a
13.3% increase in revenue to $1.099 billion from $969.59 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 $2.32 per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 5 "strong buy" or "buy," 5
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts had risen by
about 0.6%
in the last three months. ​
    * Wall Street's median 12-month price target for Lincoln
Electric
Holdings Inc is $211​, above​ its last closing price of $206.94.
​​​

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 2023  2.05        2.06       2.13      Beat    3.3
 Dec. 31 2023  1.90        1.90       1.94      Beat    2
 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.        1.66        1.67       2.10      Beat    26.1
 31 2022                                                
 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. 30 2021  1.52        1.48       1.67      Beat    12.8
 This summary was machine generated July 25 at 15:41 GMT.  All
figures in US dollars  unless otherwise stated