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LECO — Lincoln Electric Holdings News Story

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Lincoln Electric Holdings Inc reports results for the quarter ended June 30 - Earnings Summary

Lincoln Electric Holdings Inc LECO.OQ reported quarterly adjusted earnings of $2.60​​ per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of $2.34.  The mean expectation of ten analysts for the quarter was for earnings of $2.31 per share. Wall Street expected results to range from $2.22  to $2.40 per share.

Revenue rose 6.6% to $1.09 billion from a year ago; analysts expected $1.04 billion.

Lincoln Electric Holdings Inc's reported EPS for the quarter was $2.56​.

The company reported quarterly net income of $143.4 million.

Lincoln Electric Holdings Inc shares had risen by 7.7% this quarter and gained 19.1% so far this year.

FORECAST CHANGES

The mean earnings estimate of analysts had fallen by about 0.3% in the last three months.​

In the last 30 days, one analyst negatively revised an earnings estimate

RECOMMENDATIONS

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 6 "strong buy" or "buy," 4 "hold" and 1 "sell" or "strong sell." The average consensus recommendation for the industrial machinery & equipment peer group is also "buy"

Wall Street's median 12-month price target for Lincoln Electric Holdings Inc is $235.00, about 5% above its last closing price of $223.33

This summary was machine generated from LSEG data July 31 at 01:32 p.m. UTC. ​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)

QUARTER ENDINGESTIMATEACTUALBEAT, MET, MISSED
Jun. 30 20252.312.60Beat
Mar. 31 20252.232.16Missed
Dec. 31 20242.002.57Beat
Sep. 30 20242.082.14Beat

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