Lincoln Electric Holdings Inc reports results for the quarter ended in December - Earnings Summary

Lincoln Electric Holdings

10/02/2022 16:11

* Lincoln Electric Holdings Inc  LECO.OQ  reported quarterly
adjusted earnings of $1.61​​ per share for the quarter ended in
December. The mean expectation of eleven analysts for the
quarter was for earnings of $1.57 per share.
    * Revenue rose 21.7% to $844.25 million from a year ago; 
analysts
expected $821.06 million. 
    * Lincoln Electric Holdings Inc's reported EPS for the
quarter was
$1.25​.
    * The mean earnings estimate of analysts had risen by
about 0.2%
in the last three months.​ 
    * In the last 30 days three analysts negatively revised
earnings
estimates 
    * Lincoln Electric Holdings Inc shares had fallen by 6.7%
this
quarter.
    * The company reported quarterly net income of $74.43
million.
    * Wall Street's median 12-month price target for Lincoln
Electric
Holdings Inc is $158.00 
    * 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." 

This summary was machine generated February 10 at 04:11 p.m.
 ​All figures in US dollars unless otherwise stated