Lincoln Electric Q1 sales, profit top estimates on acquisitions, forex, N.America activity

Lincoln Electric Holdings

30/04/2026 12:49

Overview

Industrial machinery maker's Q1 net sales rose 12%, beating analyst expectations

Adjusted EPS for Q1 rose to $2.50, beating analyst expectations

Company cites disciplined cost management and improving industrial activity in the Americas

Outlook

Company did not provide specific financial guidance for the current quarter or full year

Result Drivers

ORGANIC SALES GROWTH - Co said Q1 net sales rose 7.8% organically, with additional gains from acquisitions and favorable foreign exchange

IMPROVING INDUSTRIAL ACTIVITY - Co cited improving industrial activity in the Americas as a key driver of performance

DISCIPLINED COST MANAGEMENT - Management attributed results in part to disciplined cost management

Company press release: ID:nBw1HvhYda

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Sales
Beat
$1.12 bln
$1.07 bln (7 Analysts)
Q1 Adjusted EPS
Beat
$2.50
$2.45 (9 Analysts)
Q1 EPS
$2.47
Q1 Net Income
$136.40 mln


Analyst Coverage

The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 5 "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 $280.00, about 8.7% above its April 29 closing price of $257.51

The stock recently traded at 23 times the next 12-month earnings vs. a P/E of 22 three months ago

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.)