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

Lincoln Electric Holdings

29/04/2022 05:04

* Lincoln Electric Holdings Inc  LECO.OQ  reported quarterly
adjusted earnings of $2.10​​ per share for the quarter ended in
March. The mean expectation of ten analysts for the quarter was
for earnings of $1.67 per share.
    * Revenue rose 22.2% to $925.45 million from a year ago; 
analysts
expected $871.05 million. 
    * Lincoln Electric Holdings Inc's reported EPS for the
quarter was
$2.13​.
    * The mean earnings estimate of analysts had fallen by
about 0.8%
in the last three months.​ 
    * In the last 30 days one analyst negatively revised an
earnings
estimate 
    * Lincoln Electric Holdings Inc shares had fallen by 6.9%
this
quarter and lost 8.0% so far this year.
    * The company reported quarterly net income of $126.03
million.
    * Wall Street's median 12-month price target for Lincoln
Electric
Holdings Inc is $160.00 
    * 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 April 29 at 04:04 a.m.  ​All
figures in US dollars unless otherwise stated