Lincoln Electric Q2 sales rise 12%, beat estimates

Lincoln Electric Holdings

30/07/2026 12:52

Overview
Industrial machinery maker's Q2 sales rose 12% yr/yr, beating analyst expectations
Adjusted EPS for Q2 increased to $2.93, beating analyst expectations
Company cites improved demand and capital spending in Americas and Asia Pacific

Outlook
Company says improved demand and capital spending in Americas and Asia Pacific support outlook
Lincoln Electric says strong execution of RISE Strategy positions it well for future returns

Result Drivers
ORGANIC SALES GROWTH - Co said Q2 sales rose 10.1% organically, with strongest contributions from Americas Welding and The Harris Products Group
IMPROVED DEMAND AND CAPITAL SPENDING - Co cited improved demand and capital spending in the Americas and Asia Pacific as key drivers, per CEO Steven B. Hedlund
ACQUISITIONS AND FX - Acquisitions contributed 1.5% and favorable foreign exchange 0.4% to Q2 sales growth

Company press release: ID:nBw7F1Dwsa

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Sales
Beat
$1.22 bln
$1.17 bln (8 Analysts)
Q2 Adjusted EPS
Beat
$2.93
$2.81 (10 Analysts)
Q2 EPS
 
$2.88
 
Q2 Net Income
 
$158.50 mln
 

Analyst Coverage
The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 6 "strong buy" or "buy", 4 "hold" and 2 "sell" or "strong sell"
The average consensus recommendation for the industrial machinery & equipment peer group is "buy."
Wall Street's median 12-month price target for Lincoln Electric Holdings Inc is $310.00, about 20.2% above its July 29 closing price of $257.99
The stock recently traded at 22 times the next 12-month earnings vs. a P/E of 22 three months ago

Reuters Recommended Reads
July 28 - Illinois Tool Works raises annual profit forecast on strong industrial demand
July 30 - Equipment maker Terex Q2 sales beat estimates, lifts FY outlook
July 29 - IDEX beats Q2 sales, adjusted EPS estimates, raises FY outlook

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)