Lincoln Electric (LECO) Q1 Earnings: Taking a Look at Key Metrics Versus Estimates
LECOLincoln Electric(LECO) Zacks Investment Research·2024-04-25 22:36

For the quarter ended March 2024, Lincoln Electric Holdings (LECO) reported revenue of 981.2million,down5.6981.2 million, down 5.6% over the same period last year. EPS came in at 2.23, compared to 2.13intheyear−agoquarter.ThereportedrevenuecomparestotheZacksConsensusEstimateof2.13 in the year-ago quarter. The reported revenue compares to the Zacks Consensus Estimate of 1.04 billion, representing a surprise of -5.36%. The company delivered an EPS surprise of +3.72%, with the consensus EPS estimate being $2.15. While investors scrutinize revenue and earnings changes year-over-year and how they compare w ...